Price: 0.1093 | EMA7: 0.09 | EMA25: 0.11 | RSI14: 48.94 | Resistance: 0.726 | Support: 0.0522 | Average Volume: 244705588.94 | Volume Trend: Decreasing
Based on the 1-week chart, here's my technical analysis:
**Bearish bias**: FIDAUSDT is trading near its recent low, with a slightly bearish RSI (48.93) and a decreasing volume trend, indicating a lack of buying interest.
**Entry prices:**
* **Short**: Look for a break below the support at 0.0522, with a stop-loss at 0.0722 (just above the recent high). Target a move towards 0.035.
* **Long**: Wait for a clear break above the resistance at 0.726, with a stop-loss at 0.625. Target a move towards 0.85.
**Spot buy price:** If you're looking to enter a long position, consider buying at 0.095 (near the EMA7) with a stop-loss at 0.085. This would offer a relatively tight stop-loss and a potentially attractive risk-reward ratio.
Remember to set stop-losses and adjust position sizes according to your risk management strategy.