Price: 1.159 | EMA7: 1.16 | EMA25: 1.16 | RSI14: 51.1 | Resistance: 1.177 | Support: 1.131 | Average Volume: 12063.68 | Volume Trend: Decreasing
Based on the 15m chart, here's my technical analysis:
The current price (1.159) is slightly above the EMA7 (1.156) and EMA25 (1.158), indicating a short-term bullish trend. However, the MACD (-0.0014) is signaling a potential sell signal. The RSI14 (51.1) is neutral, suggesting a lack of strong momentum.
Considering the decreasing volume trend, I'd advise caution in entering new long positions.
Best Long Entry: 1.165 (above the EMA25) with a stop-loss at 1.155.
Best Short Entry: 1.155 (break of EMA7) with a stop-loss at 1.165.
Best Spot Buy Price: 1.145 (close to the support level of 1.131) with a stop-loss at 1.135.
Keep in mind that these are short-term trade suggestions and you should monitor the chart for any changes in the trend.