🤖 AI Insight

Based on the 1-week chart of CTKUSDT, here's a technical interpretation:

The price is trading below the EMA25, indicating a bearish trend. The EMA7 is somewhat flattening, suggesting a slight pause in the downward momentum. The RSI14 is oversold, but not extremely so, which may indicate a potential rebound.

For a Long/Short entry, I would recommend entering a long position at the EMA7 (~0.34196424) or slightly above, as a bounce off this level could lead to a potential upward move. For a short position, I would advise waiting for a clear break below the support level (~0.21) and enter short at that point.

For a spot buy, I would suggest waiting for a bullish signal, such as a golden cross (EMA12 crossing above EMA26) or a breakout above the resistance level (~1.73). If you're looking to buy now, a safer entry point could be at the current price (~0.3332) or slightly above, but be cautious of a potential reversal.

Keep a close eye on the volume trend and look for a potential increase in volume to confirm a trade.