Price: 17.09 | EMA7: 18.31 | EMA25: 20 | RSI14: 31.7 | Resistance: 25.31 | Support: 11.9 | Average Volume: 413128.29 | Volume Trend: Decreasing
**Technical Analysis of ENSUSDT (1D)**
**Current Price:** 17.09
**Trend Indicators:**
* EMA7: 18.31 (short-term trend)
* EMA25: 20.00 (medium-term trend)
The price is below both EMAs, indicating a **bearish trend**.
**Momentum Indicators:**
* RSI14: 31.70 (oversold territory)
* MACD: -0.97 (negative momentum)
**Support and Resistance:**
* Support: 11.90 (strong support)
* Resistance: 25.31 (strong resistance)
**Volume Analysis:**
* Average Volume: 413,128.29
* Volume Trend: Decreasing (negative)
**Trading Strategy:**
* **Short Entry:** Consider shorting ENSUSDT around 18.50 (near EMA7) with a stop loss above 20.00 (EMA25) and a target around 14.00 (midpoint of the support and current price).
* **Long Entry:** Consider buying ENSUSDT around 12.50 (near support) with a stop loss below 11.90 and a target around 16.50 (midpoint of the current price and resistance).
* **Spot Buy:** For a spot buy, consider accumulating around 12.50-13.50 (support zone).
**Caution:** The RSI is in oversold territory, which may lead to a short-term bounce. However, the overall trend remains bearish. Keep an eye on the volume trend and RSI for any signs of reversal.