Price: 965.71 | EMA7: 987.97 | EMA25: 1040.58 | RSI14: 38.58 | Resistance: 1375.11 | Support: 745.11 | Average Volume: 402946.79 | Volume Trend: Decreasing
Based on the 1D chart of BNBUSDT, here's an analysis:
**Current Analysis:** The price is currently at $965.71, indicating a downward trend. The EMA7 and EMA25 are decreasing, which suggests a bearish trend.
**Recommendation:** Considering the RSI (38.58) and the MACD (-36.18), the price seems to be oversold, indicating a potential buying opportunity. However, the MACD crossover is bearish, suggesting a bearish trend.
**Best Long Entry:** Given the oversold conditions, I recommend entering long positions at a price of around $920-$930, where the price may potentially bounce back.
**Best Spot Buy:** For a spot buy, I would advise waiting for a slight bounce or a golden cross (EMA7 crosses above EMA25) to occur at around $1000-$1030 to avoid buying at the current price.
**Risk Management:** It's essential to set a stop-loss around $905-$915 to limit potential losses. Also, consider adjusting the position size based on your risk appetite and portfolio volatility.