Price: 12.26 | EMA7: 14.31 | EMA25: 19.37 | RSI14: 36.41 | Resistance: 78.1 | Support: 11.4 | Average Volume: 1583652.11 | Volume Trend: Decreasing
EGLDUSDT is showing bearish momentum with price below both EMAs. RSI and MACD are also bearish.
* **Long Entry:** A potential long entry could be considered above the EMA7 (14.30) with confirmation from volume increase.
* **Short Entry:** Shorting could be considered below support (11.4).
* **Spot Buy:** Given the current trend, itβs not advisable to buy at the spot price. Consider a lower entry point below the EMAs.
**Caution:** Volume decreasing suggests waning interest.
Fundamental analysis is recommended before making any investment decisions.