Price: 0.0881 | EMA7: 0.09 | EMA25: 0.1 | RSI14: 42.46 | Resistance: 0.1543 | Support: 0.0768 | Average Volume: 9159623.73 | Volume Trend: Decreasing
BICOUSDT is showing bearish momentum.
* **Long entry:** Above resistance suggests a reversal but is risky at current price due to overall downtrend. Entry could be considered above 0.10 with confirmation of strong momentum.
* **Short entry:** Sell 0.09 potential target 0.08 close to support.
* **Spot buy:** Not recommended based on current technicals. Wait for a clear bullish reversal signal before buying.
**Note:**
* Decreasing volume supports the bearish trend.
* RSI and MACD are not strongly indicating oversold conditions.
* Be cautious of false breakouts. Use stop-loss orders for risk management.