Price: 7.571 | EMA7: 7.62 | EMA25: 10.06 | RSI14: 37.21 | Resistance: 24.199 | Support: 2.042 | Average Volume: 2203070.25 | Volume Trend: Decreasing
Based on the technical analysis of DEXEUSDT at 1w:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 37.207, suggesting the asset is approaching oversold territory, potentially nearing a reversal.
- MACD is negative, reinforcing the downtrend.
**Advice:**
- **Long Entry:** Consider entering long around 6.5-7.0, as the RSI suggests a potential reversal. Set stop-loss below 6.0.
- **Short Entry:** Consider shorting at a bounce towards 8.5-9.0, targeting 7.0 or lower. Set stop-loss above 10.0.
- **Spot Buy:** Best spot buy price could be around 6.0-6.5, considering the current downtrend and potential for a reversal.
Keep in mind that technical analysis is not a certainty, and fundamental analysis, along with risk management, should also be considered.