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📊 Analysis: CFXUSDT (1h)

Price: 0.1946 | EMA7: 0.2 | EMA25: 0.2 | RSI14: 46.98 | Resistance: 0.2149 | Support: 0.1694 | Average Volume: 6520521.73 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided analysis for the CFXUSDT market in a one-hour time frame, here are the key observations and recommended entry prices:

Price: Current price stands at 0.1946 USDT
EMA7 (7 days Exponential Moving Average): 0.19544421444541 USDT
EMA25 (25 days Exponential Moving Average): 0.19614550158702 USDT
RSI14 (14-day Relative Strength Index): 46.978502857364
MACD: Currently trading below the MACD signal line (0.00018779728460211 USDT)
Resistance: Consummation of higher resistance level at 0.2149 USDT
Support: Consummation of lower support level at 0.1694 USDT
Average Volume: Average volume = 6520521.73 USDT, which indicates an increasing trading activity.
Volume Trend: Observations show a decreasing trading volume trend.

Given the present trading conditions and considering that the market is trading slightly oversold, a likely entry point would be near the support level, which is approximately 0.1694 USDT.

To determine the best Long/Short entry prices, here are suggested action points:

For Long Entry:
1. Wait for a short-term bullish signal, such as a crossover above the MACD signal line (0.1694 USDT).
2. Set a stop-loss order below the support level (0.1694 USDT) to protect your investment.
3. Reevaluate the entry price and apply risk management by adjusting stop-loss in case of sudden market reversals.

For Short Entry:
1. Wait for a short-term bearish signal, such as a crossover below the Moving Average Close (MA_Closed) line (0.1694 USDT).
2. Place a stop-loss order above the resistance level (0.2149 USDT) to secure your investment.
3. Reevaluate the entry price and apply risk management by adjusting stop-loss in case of sudden market surges.

Recommended spot buy price and stop-loss placement:
Assuming the above entry points are triggered, consider buying near the support level (0.1694 USDT) and place a stop-loss below (below support level) to protect your investment. Adjust stop-loss according to market dynamics.

Remember, these prices are inclined to fluctuate, so make sure to continuously follow the market trends and adjust your positions accordingly to maximize profit and minimize risk.