🤖 AI Insight

The given data highlights the technical analysis for BSWUSDT (BitSwift) in a one-day timeframe. Let's evaluate the situation before providing advice on entry points and the best spot buy price.

1. The current price is about 0.0189 USDT.
2. EMA7 (Short-term Moving Average) is at 0.021319036204027 and EMA25 (Medium-term Moving Average) is at 0.023086565905734. If the short-term averages cross above the medium-term averages, it suggests a bullish signal, which could be a potential entry point.
3. RSI14 (Relative Strength Index) is at 39.611923213468, which indicates a slightly oversold condition, which could also be a potential entry point.
4. MACD (-0.0014257649491386) hasn't yet formed a clear bullish signal, indicating caution when considering a short-term entry.
5. Resistance level: 0.061 (strong resistance zone)
6. Support level: 0.011 (consider minor support)
7. Average daily volume: 230,579,554.325 USDT
8. Volume Trend: Decreasing - The trading volume has been decreasing lately, a signal to be careful before making any trading decision.

Based on the analyzed data, you might consider the following points:

Best Spot Buy Price (for a potential bullish trade): Wait for the MACD, RSI, and volume trend to improve before deciding to buy at the current price (0.0189).

Long-term Entry Point (for a potential bullish trade after the indicators improve): Wait for the short-term EMA crossing above the medium-term EMA before entering a long position, ensuring volume increases along with other indicators like MACD and RSI improvements are observed.

My advice would be to monitor the indicator values closely, especially after any potential price drop, for a better entry point aiming for a higher probability for successful trading. Avoid buying during a decreasing volume trend as it could be a warning sign. Be patient and cautious considering the current levels and trends when buying.