Price: 0.0746 | EMA7: 0.08 | EMA25: 0.11 | RSI14: 39.09 | Resistance: 0.5686 | Support: 0.0651 | Average Volume: 150140691.49 | Volume Trend: Decreasing
CHRUSDT is currently trading below its EMA7 and EMA25, indicating a downtrend. The RSI suggests oversold conditions, but the decreasing volume raises concerns about buying momentum.
**Potential Long Entry:** Above the EMA7 (0.081988) with confirmation of a breakout and increase in volume.
**Short Entry:** Below the immediate support (0.0651), aiming for the next lower support levels.
**Spot Buy Price:** Cautiously wait for a bullish reversal signal with increased volume before considering a spot buy. The risk of further decline is still present.
**Remember:** Technical analysis is not foolproof. Always conduct your own research and consider market conditions before making any trades.