Price: 21.08 | EMA7: 23.7 | EMA25: 27.49 | RSI14: 33.2 | Resistance: 128.49 | Support: 18.04 | Average Volume: 318916.88 | Volume Trend: Decreasing
Based on the 1-week technical analysis of FARMUSDT, here's a summary:
- **Short Selling Opportunity:** Considering the bearish trend, increasing MACD values, and RSI14 below 50, a long/short entry at the current price (21.08) could be a good opportunity to short sell with a potential target below the 18.04 support level. However, the best entry price for a short sell would be around 20.50 (slightly above the 20-period moving average) or below 20.20 (where the EMA7 intersects the price).
- **Long Buying Opportunity:** Looking at the indicators, a long buying opportunity could be considered when the price breaks above the EMA25 (27.491343735082) and RSI14 shows an upside momentum. The best entry price for a long buy could be around 25.80 (slightly above the EMA25) or below 24.20 (where the EMA7 intersects the price).
- **Spot Buying Price:** If you decide to buy FARMUSDT, considering the current price of 21.08, a spot buy could be considered at 20.50, but it's essential to wait for the price to break above EMA25 or show a strong upward trend on the MACD.
**Disclaimer:** This analysis is a basic technical analysis and not a personal trading recommendation. Please conduct your research, consider your risk tolerance, and use proper risk management strategies before entering into any trades.