Price: 0.999 | EMA7: 1 | EMA25: 1 | RSI14: 53.27 | Resistance: 1.023 | Support: 0.969 | Average Volume: 17069.8 | Volume Trend: Decreasing
Based on the 15-minute chart of DEGOUSDT, I observe a slightly bullish trend with a consolidating price action. RSI14 is around 53, indicating that the asset is neither overbought nor oversold.
For a Long entry, I would look for a potential breakout above the Resistance level of 1.023. A buy signal could be triggered when the price closes above 1.020, with the best entry price being around 1.0205-1.0215.
For a Short entry, I would wait for a break below the Support level of 0.969. A sell signal could be triggered when the price closes below 0.967, with the best entry price being around 0.9655-0.9665.
For a Spot Buy, I would consider entry when the price approaches the EMA25 level, currently at 0.9965. This could trigger a potential bounce, with the best buy price being around 0.9945-0.9955. However, keep in mind the decreasing volume trend, which may indicate a lack of conviction in the bullish trend.
As always, it's essential to set proper risk management and sizing for each trade.