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📊 Analysis: EGLDUSDT (1d)

Price: 18.82 | EMA7: 16.84 | EMA25: 16.26 | RSI14: 63.88 | Resistance: 31.17 | Support: 11.77 | Average Volume: 247114.74 | Volume Trend: Increasing

🤖 AI Insight

Based on the 1D chart, here's my analysis:

The price is above both EMAs (7, 25), indicating a bullish trend. The RSI14 is at 63.88, which is close to the overbought zone, but not yet a strong sell signal.

Given the increasing volume trend and the price is far from the resistance level (31.17), I'd recommend a long position.

Best Long Entry Price: 19.50 (just above the current price)
Best Short Entry Price: 16.20 (just below EMA25)
Best Spot Buy Price: 17.50 (a possible pullback zone)

Please note that this is a brief analysis and you should consider other technical and fundamental factors before making a trade.