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📊 Analysis: CVXUSDT (1w)

Price: 3.533 | EMA7: 3.97 | EMA25: 3.43 | RSI14: 51.05 | Resistance: 8.152 | Support: 1.42 | Average Volume: 7200525.58 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided technical analysis, here is the information needed for making informed trading decisions:

1. Best Long Entry Price: Wait for the price to cross above the EMA25 (currently around 3.427), followed by a confirmation of the Relative Strength Index (RSI) rising above 50 and the MACD line showing a bullish crossover over the signal line.
2. Best Short Entry Price: Watch for the price to fall below the Support level (currently around 1.42). On seeing this, make sure the EMA25 trend is turning downwards, RSI is below 50, and the MACD histogram is in a bearish area.

Additionally, consider the mentioned resistance level at 8.152 (be cautious when approaching resistance levels). Take into account the decreasing volume trend before making any trading decisions. Keep in mind that these are general recommendations, and ensure you conduct your own research and consider risk management strategies while executing trades in cryptocurrencies like CVXUSDT (CVX represents Cardano).