🤖 AI Insight

Based on the provided technical analysis chart, here are the suggested signals for entering long and short positions along with advice on the best spot buy price:

1. Long position (buy): A long position can be considered if the price stays above the EMA 25 (currently at 0.096878421000922) and RSI 14 keeps above the 30 level, indicating oversold conditions. If the price crosses above the EMA 7 (currently crossing the 25 EMAs at around 0.068260091156357) while staying above the support level of 0.0215, it is advised to enter the long position. Place a stop loss around the next significant support level.

2. Short position (sell): Based on the analysis, a short position can be considered if the price stays below the EMA 25 and RSI 14 drops below the 70 level, suggesting overbought conditions. If the price crosses below the EMA 7 while staying below the resistance level of 0.0215, it's advisable to enter the short position. Place a stop loss around the next significant resistance level.

As for the best spot buy price, it would depend on your risk tolerance and trading strategy. Generally, a price slightly above the support level (around 0.0215) could be considered. For example, let's suppose we consider 0.0230 as the spot buy price, making sure to verify the indicators align before entering the trade.

Remember to always use proper risk management techniques, such as sticking to an appropriate stop-loss order and conducting proper research and analysis on the coin before investing.