🤖 AI Insight

Based on the provided technical analysis, here's a summary of key points:

Price: 0.05442
Best Spot Buy Price: If you want to buy COTIUSDT directly without going through technical entry levels, you could opt to purchase at the current spot price of 0.05442 USDT.

Best Long Entry Prices:
1. Close above the 7-day EMA (0.053624000027594 USDT) may trigger long positions.
2. Close above the 25-day EMA (0.062087704729474 USDT) may offer higher potential returns for long traders. However, this level is currently above the current price, indicating some resistance.

Best Short Entry Prices:
1. Close below the 25-day EMA (0.062087704729474 USDT) may indicate a potential bearish move and signal risk-averse short positions. Keep in mind that this level is currently not yet violated.

Guidelines for optimal entry points:
1. For long positions: Monitor close actions above the EMAs and reach a level close to the support (0.03809 USDT) to enter considering lower risk and higher reward.
2. For short positions: Consider entering when close actions break the support at 0.03809 USDT and stay close to the resistance levels, especially after closing below the 25-day EMA (0.062087704729474 USDT).

Remember to maintain a stop-loss order to minimize potential losses and to monitor the signals closely as market volatility can impact price movements.