Price: 0.3701 | EMA7: 0.34 | EMA25: 0.48 | RSI14: 43.66 | Resistance: 1.523 | Support: 0.194 | Average Volume: 1100543677.18 | Volume Trend: Decreasing
For ENAUSDT at 1w:
- The current price is 0.3701, above EMA7 (0.3434) but below EMA25 (0.4789), indicating a potential recovery but still in a downtrend.
- RSI14 is at 43.66, suggesting it's getting close to oversold territory but not yet there.
- MACD is negative (-0.0956), confirming the downtrend.
**Long Entry:** A long entry could be considered if the price breaks above EMA25 (0.4789) with a strong volume increase. A more conservative entry would be above the recent resistance level, but that's far (1.523). A reasonable long entry could be around 0.45 with a stop-loss below 0.3434.
**Short Entry:** Since the overall trend is down (price below EMA25 and negative MACD), a short entry could be considered around 0.3434 (EMA7) if the price bounces off it and fails to break above EMA25. A safer short entry would be after a failed attempt to break above EMA25, around 0.4789, with a stop-loss above 0.4789.
**Spot Buy:** For a spot buy, a safer entry would be around 0.30-0.32 if the price dips further, with a stop-loss below the support at 0.194. Alternatively, wait for a break above EMA25 (0.4789) and retest it successfully.
Please manage your risk and adjust according to your overall strategy and market conditions.