Price: 0.1006 | EMA7: 0.1 | EMA25: 0.1 | RSI14: 29.99 | Resistance: 0.1126 | Support: 0.0991 | Average Volume: 226563.22 | Volume Trend: Decreasing
Based on the provided technical analysis, here's the advice on the best entry points for a Long or Short position:
1. For a Long position (buying CUSDT):
- The best spot buy price (from the given data) is around 0.1006, considering the current price.
- Wait for the price to significantly cross above the EMA7 (0.10083358547439) and the Support level (0.0991).
2. For a Short position (selling CUSDT):
- Look for a sell opportunity when the price crosses below the EMA25 (0.10380161577443) and the RSI14 (around 50) is declining.
- Ideally, enter the Short position when the MACD (0.0019596803549744) is suggesting a positive divergence with the price.
It is crucial to note that technical analysis relies on past market data, and there is no guarantee that prices will continue following the same patterns in the future. Always practice risk management and consider professional financial advice before making any investment decisions.