🤖 AI Insight

**Technical Analysis of ENSOUSDT (1h)**

**Current Price:** 1.182

**Trend:** Bearish

**Indicators:**

* **EMA7:** 1.2127 (short-term resistance)
* **EMA25:** 1.2766 (medium-term resistance)
* **RSI14:** 25.65 (oversold territory)
* **MACD:** -0.0435 (bearish signal)

**Support/Resistance:**

* **Support:** 1.169 (immediate support)
* **Resistance:** 1.66 (strong resistance)

**Volume:**

* **Average Volume:** 396,520
* **Volume Trend:** Decreasing (bearish sign)

**Entry Prices:**

* **Long Entry:** 1.175 (below current price, near support) or 1.160 (if support breaks, for a potential reversal)
* **Short Entry:** 1.200 (near EMA7) or 1.212 (at EMA7 for a higher conviction trade)

**Spot Buy Price:** 1.169 (at support) for a lower-risk entry.

**Advice:**

* The RSI indicates the pair is oversold, which might lead to a short-term bounce.
* However, the overall trend remains bearish given the position of EMAs and MACD.
* For a long position, wait for confirmation of support at 1.169 or a clear reversal signal.
* For a short position, consider selling near EMA7 or EMA25 for a continuation of the downtrend.

**Caution:** Always manage your risk and adjust entry/exit prices based on your trading strategy and market conditions.