🤖 AI Insight

Based on the technical analysis of CAKEUSDT at 1h:

- The price is currently at 2.178, slightly below EMA7 (2.182) and EMA25 (2.191), indicating a bearish trend.
- RSI14 is at 44.328, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative, reinforcing the bearish sentiment.

For a **Long position**, consider entry around the support level of 2.136 if it reaches there, with a stop loss below that level. A more conservative entry could be above EMA7 or EMA25, which would require a price increase.

For a **Short position**, consider entry around the resistance level of 2.31 if the price reaches there, with a stop loss above that level.

For a **Spot Buy**, a good entry price could be around 2.136 or lower if the support holds, or a more conservative entry at 2.178 if signs of reversal are seen (e.g., RSI increasing from oversold territory, MACD crossover).

**Advice**:
- For Long/Short: Monitor for price to hit support (2.136) for Long or resistance (2.31) for Short.
- For Spot Buy: Around 2.136 or with confirmation of reversal.