🤖 AI Insight

Based on the 1-day technical analysis of CKBUSDT:

**Trend:** The price is currently below both EMA7 (0.003383) and EMA25 (0.003649), indicating a short-term downtrend.

**RSI (14):** 37.91, which is in the oversold territory, but not extremely oversold.

**MACD:** -0.000238, which is bearish.

**Support and Resistance:**
- Immediate support: 0.002954
- Immediate resistance: 0.003383 (EMA7), with a stronger resistance at 0.003649 (EMA25) and a key resistance level at 0.006558.

**Volume Trend:** Decreasing average volume (470039045) suggests a lack of strong conviction in the current price direction.

**Entry Prices:**
- **Long Entry:** A safer long entry could be considered around 0.003100 ( below EMA7 and near the midpoint between support and EMA7) with a stop loss below 0.002954. A more aggressive long entry could be around 0.002954 (support level), but be cautious of potential false breakouts.
- **Short Entry:** If the price breaks below 0.002954 with significant volume, it could be a short entry, targeting levels below, such as 0.002500 or lower. However, given the current oversold RSI, a cautious approach is advised.

**Spot Buy Price:** For a spot buy, accumulating around the support level of 0.002954 seems reasonable, given it's the nearest significant support and provides a relatively safe entry point with a stop loss just below it.

**Advice:** Given the current indicators and price action, the trend appears bearish in the short term. A wait-and-see approach around the support or a conservative entry for a long position near 0.003100 or at the support level could be safer. For short-term trades, setting strict stop losses is crucial due to potential volatility.