Price: 1.924 | EMA7: 1.91 | EMA25: 1.91 | RSI14: 57.6 | Resistance: 1.978 | Support: 1.716 | Average Volume: 8418.62 | Volume Trend: Decreasing
Based on the 15m technical analysis of DEGOUSDT:
- The price is currently at 1.924, above both EMA7 (1.914) and EMA25 (1.909), indicating a short-term bullish trend.
- RSI14 is at 57.60, suggesting the asset is not overbought yet, leaving room for potential further increase.
- MACD is positive at 0.00399, supporting the bullish momentum.
**Advice:**
- **Long Entry:** Consider entering long around 1.914-1.908 (near EMA7 and EMA25) if the price pulls back, with a stop loss below 1.908.
- **Short Entry:** Consider shorting if the price hits the resistance at 1.978, with a stop loss above this level.
- **Spot Buy:** The best spot buy price would be around 1.908 or lower if available, given the current support levels and EMAs.
Keep in mind, decreasing volume trend may indicate a potential weakening of the current trend. Monitor the volume and other indicators closely.