🤖 AI Insight

Based on the technical analysis of CVCUSDT within the 1-hour time frame, here is a summary of the key indicators:

1. Price: 0.0866
2. EMA7: 0.086670541093376
3. EMA25: 0.087182466273153
4. RSI14: 44.756518155158
5. MACD: -0.00035924905652431
6. Resistance: 0.0911
7. Support: 0.0853
8. Average Volume: 154,523.83
9. Volume Trend: Decreasing

Advice:

1. Long Entry: Based on the current indicators, a long entry can be considered when the price breaks above the resistance level of 0.0911, providing a downside risk-reward ratio favorable to potential gainers.
2. Short Entry: If your strategy favors shorting instead, consider entering a short position once the price breaks below the support level of 0.0853, keeping an eye on potential rebounds around these levels.

Tip: Monitor important Fibonacci retracement levels to maximize your potential profit while taking into account volume changes and volume trends.

Advice: For the best Long/Short entry prices, keep an eye on the mentioned levels, considering that they are crucial levels to watch. Try to place your entry order slightly above or below these key levels, e.g., for long entry, wait for the price to touch the support level of 0.0853 and then enter your order slightly above it, like at 0.0855. For short entry, wait for the price to break below the resistance level of 0.0911, and place your order slightly below it, say at 0.0908. These adjustments provide a smoother entry point with better risk management while targeting the same potential reward area around 0.0785. Use stop-loss orders to protect your investment when taking long or short positions. For spotbuy:

Tip: Given the decreasing volume trend, be cautious while considering spotbuy opportunities. Wait for the price to stabilize near the support level at 0.0853 before considering buying to minimize potential losses. Adjust your buying price slightly above the support level, for instance at 0.0855.