Price: 0.0464 | EMA7: 0.06 | EMA25: 0.1 | RSI14: 33.43 | Resistance: 0.4972 | Support: 0.0184 | Average Volume: 315753927.68 | Volume Trend: Decreasing
Based on the provided technical analysis for CETUSUSDT over the past week, here is some guidance on potential entry points for both long and short positions, as well as overall market trends:
1. Long position entry: The best spot buy price appears to be around the EMA25 (support level) at 0.100667 and the RSI bottoms out at around 30 for better entry stability and lower risk.
2. Short position entry: Use the Moving Average Convergence Divergence (MACD) signals along with EMA7's support (0.0618065995) and the Support level at 0.0184 as targets for shorting.
Keep in mind that trading success frequently relies on market conditions, individual analysis skills, and risk management. It is recommended to conduct further research, follow news, and utilize different technical indicators for a well-informed decision-making process. Always remember to practice proper risk management strategies to maximize your potential profits and protect your capital.