🤖 AI Insight

Based on the 15m CAKEUSDT analysis:

- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 33.72, suggesting the asset is oversold, potentially nearing a reversal.
- MACD is negative, supporting the downtrend.

For Long position: Consider entry around 2.471 (support level) if it holds, or wait for a confirmation of reversal (e.g., RSI moving above 50 or MACD crossing above signal line). Best Long entry: 2.45 - 2.47.

For Short position: Given the downtrend, a short entry could be considered near resistance at 2.526 or upon a failed attempt to break above EMA7/EMA25. Best Short entry: 2.50 - 2.51.

For Spot Buy: Considering the oversold condition, a potential buy could be around the current support level or slightly above if there's a clear reversal signal. Best spot buy price: 2.45 - 2.47.

Keep an eye on volume; a decreasing volume trend during a downtrend can sometimes indicate a weakening of the selling pressure, potentially preceding a reversal.