Price: 25.24 | EMA7: 25.67 | EMA25: 27.01 | RSI14: 39.42 | Resistance: 45.21 | Support: 22.78 | Average Volume: 38248.63 | Volume Trend: Increasing
For FARMUSDT at 1d:
- Current price is 25.24, below EMA7 (25.67) and EMA25 (27.01), indicating a downtrend.
- RSI14 is at 39.42, suggesting the asset is nearing oversold territory, potentially setting up for a bounce.
- MACD is negative (-1.09), reinforcing the downtrend.
**Advice:**
- **Long Entry:** Consider entering long around 22.78 (support level) if it reaches there, with a stop loss slightly below.
- **Short Entry:** Consider shorting around 27.01 (EMA25) or upon a clear break above 25.67 (EMA7) with a stop loss above 27.01 or the recent high, respectively.
- **Spot Buy:** The best spot buy price would be around 22.78, considering it's a strong support level.
Keep an eye on volume and trend confirmation before entering any trade.