Price: 33.64 | EMA7: 33.61 | EMA25: 33.67 | RSI14: 49.5 | Resistance: 34.47 | Support: 31.59 | Average Volume: 223.63 | Volume Trend: Decreasing
Based on the 15m chart, here's my analysis:
* The price is below EMA25 (bearish) and EMA7 is heading downwards, indicating a short-term bearish trend.
* RSI14 is neutral, not indicating any extreme conditions.
* MACD is slightly bearish, but far from a strong sell signal.
* Support and Average Volume are not providing significant insights in this context.
Recommendations:
* Avoid long positions for now, as the short-term trend is bearish.
* Consider short entry around 34.10 (just below the resistance) with a stop-loss around 34.47 and a take-profit around 33.20.
* If the price breaks below 31.59, consider a spot buy around 31.20, targeting 32.50.
Please keep in mind that these are brief recommendations and not investment advice. Always do your own research and consider your risk tolerance before trading.