Price: 1.912 | EMA7: 1.85 | EMA25: 1.8 | RSI14: 64.52 | Resistance: 2.49 | Support: 1.592 | Average Volume: 135783.23 | Volume Trend: Decreasing
<think>
Okay, let's tackle this DEGO/USDT analysis. The user wants a technical analysis based on the given data. First, I need to look at the current price at 1.912. The EMA7 is 1.853 and EMA25 is 1.799. Both EMAs are below the current price, which usually suggests an upward trend. But I should check if they're moving up too. The RSI is 64.5, which is above 50, indicating bullish momentum, but not yet overbought (since overbought is typically above 70). MACD line is 0.018, positive, meaning it's above the signal line. So maybe bullish momentum is still ongoing. The resistance is at 2.49, which is quite a ways above, and support at 1.592. The volume is decreasing, which might mean weakening momentum.
For a long entry, maybe wait for a pullback to the EMA7 (1.85) as support, but confirm with volume. Short entry could be if it hits resistance and the RSI is overbought, but since the current RSI isn't that high yet, maybe set a short above 2.49? Wait, but resistance is at 2.49; breaking that might be a long entry? Hmm, conflicting thoughts here. The average volume is decreasing, so maybe the trend is losing strength. Maybe a better entry is when price pulls back to the EMAs, especially if they converge. Alternatively, a short at the resistance? But RSI isn't over yet. The best buy on spot might be near 1.85 area, testing support. Let me structure this step by step.
</think>
**Analysis:**
Current price (1.912) is above both EMA7 (1.853) and EMA25 (1.799), signaling an uptrend. RSI (64.5) is neutral-bullish, but not overbought. MACD (0.018) is positive, indicating short-term bullish momentum. Volume trend is decreasing, suggesting potential weakness in momentum. Resistance at 2.49 and support at 1.592 define the immediate range.
**Long Entry:**
- **Best Entry:** Pullback to EMA7 (1.853). Confirm with a rebound above this level and increasing volume.
- **Alternate:** Rejection of resistance (2.49) followed by a bounce, but risk-reward may be poorer here.
**Short Entry:**
- **Best Entry:** Break of 1.853 support (EMA7) with bearish candle confirmation and increasing volume.
- **Alternate:** Rejection at resistance (2.49) + RSI divergence (if it forms above 70).
**Spot Buy Price:**
- **Optimal Level:** Wait for price to retest EMA25 (1.799), provided volume expands on the dip. Fallback support at 1.592 offers a higher-risk entry.
**Risk Management:**
- Stay wary of decreasing volume; trend may lack conviction. Adjust stops 0.03-0.05 below/below support for longs/shorts.
**Trade Filter:**
Prioritize entries only if price stays above EMA25 (1.799) or below resistance (2.49) for confirmation.