Price: 0.0405 | EMA7: 0.05 | EMA25: 0.07 | RSI14: 36.4 | Resistance: 0.4604 | Support: 0.0343 | Average Volume: 203985868.97 | Volume Trend: Decreasing
Based on the technical analysis of C98USDT at 1w:
* The price is below both EMA7 and EMA25, indicating a downtrend.
* RSI14 is around 36.4, suggesting the asset is approaching oversold territory, potentially nearing a reversal.
* MACD is negative, reinforcing the downtrend.
For Long position: consider entry around 0.0343 (support level) if it holds, with a stop-loss below it.
For Short position: consider entry around 0.047 (near EMA7), with a stop-loss above it.
Best spot buy price: around 0.0343, as it is a strong support level.
Keep in mind that these are just technical suggestions and not investment advice. Always do your own research.