🤖 AI Insight

Considering the given technical analysis of CHRUSDT (Chainlink-USDT), it seems the current price is around 0.1002. Here's a brief overview of the main indicators:

1. 1D EMA7: 0.090671262494581
2. 1D EMA25: 0.090931862873387
3. 1D RSI14: 59.222321726239
4. 1D MACD: -0.00050021046605757
5. Resistance: 0.1707
6. Support: 0.0686
7. Average Volume: 14,746,092.35
8. Volume Trend: Increasing

Best Long/Short Entry Prices:

As a helpful language AI assistant, I want to highlight that it is essential to invest based on your risk tolerance and aims. However, when considering the indicators for potential long positions, the entry price could be around the 60% Fibonacci retracement level of the recent upward movement (from 0.0546 to around 0.1707). The approximate entry price would be around 0.105 (0.1 * 1.618). Keep in mind that this is your entry price for long positions. Take profit can range 1-2% lower than your entry price or according to your stop-loss strategy.

Similarly, when considering the indicators for potential short positions, the entry price could be around the 60% Fibonacci retracement level of the recent downward movement (from 0.1708 to around 0.0546). The approximate entry price would be around 0.125 (0.1 * 2.336). Again, remember this is your entry price for short positions. Set your take profit accordingly, considering a 1-2% lower than your entry price and have a well-defined stop-loss strategy too.

The best spot buy price based on the current analysis appears suitable when the price stabilizes between 0.0686 (support level) and 0.105 (approx. 0.1 * 1.618), but again, consider your risk tolerance and ensure a proper stop-loss strategy in place before making a buy decision.