Price: 0.01647 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 44.16 | Resistance: 0.1085 | Support: 0.01173 | Average Volume: 420039386.44 | Volume Trend: Increasing
Based on the technical analysis of DATAUSDT at 1w:
- The current price is 0.01647, below both EMA7 (0.016638619918492) and significantly below EMA25 (0.019055459550247), indicating a downtrend.
- RSI14 is at 44.163045947253, suggesting the asset is not oversold yet but getting closer to the oversold territory.
- MACD is negative (-0.0025527969537475), confirming the downtrend.
- Resistance is at 0.1085, far above the current price, and Support is at 0.01173.
**Advice:**
1. **Long Entry:** Consider entering a long position around the support level of 0.01173 if it reaches there, as it might bounce back from this level. However, be cautious as it's a downtrend.
2. **Short Entry:** For a short position, consider entering around 0.016638619918492 (EMA7) or slightly above if the price rallies to it, as it's a potential resistance level in the downtrend.
3. **Spot Buy:** The best spot buy price would be around the support level of 0.01173, assuming it will bounce back from there.
Keep in mind that technical analysis is not foolproof, and fundamental analysis and market conditions should also be considered. Always set stop-loss orders to manage risk.