🤖 AI Insight

Based on the given technical analysis, I can provide you with my observations, advice on potential entry points, and crucial support and resistance levels for the DATAUSDT asset. Please note that I am an AI, and I cannot guarantee accuracy of future market movements, but I will strive to provide you with valuable insights.

Here is a summary of the technical analysis for DATAUSDT on a 4-hour chart:

1. Price: Current price is at 0.01463.
2. EMA7: Exponential Moving Average (EMA) on a 7-hour timeframe at 0.01510719887648.
3. EMA25: EMA on a 25-hour timeframe at 0.015402319505888.
4. RSI14: Relative Strength Index (RSI) on a 14-hour timeframe at 39.420018454433.
5. MACD: Moving Average Convergence Divergence (MACD) on a 26-hour timeframe at -0.00015365718595666.
6. Resistance levels: Detected levels of resistance are around 0.01988.
7. Support levels: Detected levels of support are around 0.01173.
8. Average Volume: The average daily trading volume over the last 21 days is 31408067.027.
9. Volume Trend: The trading volume has been decreasing over the last few days.

To provide the best advice, let's discuss various entry points:

1. Long (Buy) entry strategy: Considering the decreasing volume trend and the RSI level being near the oversold region, one potential long entry level could be when the price breaks above the EMA7 (0.01510719887648) and stabilizes above this level while maintaining the oversold RSI conditions (<40). A second entry option can be based on crossing above EMA25 (0.015402319505888).
2. Short (Sell) entry strategy: Based on the decreasing volume trend and the RSI approaching the overbought region, one potential short entry level could be when the price breaks below the resistance levels at 0.01988 and remains below EMA25 (0.015402319505888).

Taking these entry strategies into consideration:

1. Long entry strategy (<40 RSI and break above EMA7 followed by EMA25) would target a profit around the following resistive areas: 0.01988, 0.02384, and 0.02591.
2. Short entry strategy (<40 RSI and break below resistance levels below 0.01988) would target a profit around the following support areas: 0.01065, 0.01137, 0.01184, and 0.01258.

Recommended best spots for buying DATAUSDT for a spot buy and keeping it til further analysis could be in the 0.01173 to 0.01184 range. However, it is crucial to keep an eye on the RSI levels (>70) and the support level (~0.01065) before initiating a buying decision. Remember that entering the market with a long (buy) position should preferably happen when the RSI level is around 70, implying conservative overbought conditions.

The suggested target levels for your long position are approximately 0.01988, 0.02384, and 0.02591. Stay cautious during the RSI level dropping below 40 while being short (sell), which may hint at oversold conditions, ensuring the short position entry at around 0.01065 to minimize potential losses.

Remember that the analysis is based on the provided data and may not reflect future market conditions. Always conduct further analysis to follow the market trends, as well as observe other indicators and news events before making any purchase or sell decisions.