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📊 Analysis: FIOUSDT (1w)

Price: 0.01089 | EMA7: 0.01 | EMA25: 0.02 | RSI14: 35.98 | Resistance: 0.0688 | Support: 0.0065 | Average Volume: 528307599.79 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided technical analysis, here is a summary of the key levels for FIOUSDT:

1. Spot buy price: The support level is at 0.0065 FIOUSDT. Consider buying FIO when the price touches this support level or slightly above it. Dip-buying at 0.0065 or a slight increase seems to be a good opportunity to enter the market.

2. Long entry price: Looking at the 1-week chart, you have two main moving averages – the EMA7 (0.013293532560085) and the EMA25 (0.016472866646399). Considering the price remains below the dynamic resistance level of EMA25 and the trend is decreasing, look for a retracement before entering a long position. Ideally, wait for the price to briefly cross above EMA7 before entering a long position.

3. Short entry price: Since the FIOUSDT price remains below EMA25, consider shorting the asset if the price continues to decline and reaches the support levels of EMA7 or a significant lower level, such as the support mentioned at 0.0065 or a meaningful support around there.

Keep in mind that these levels may change during trading making it essential to have a close eye on the current market conditions while making investment decisions. Additionally, in the following days, if the RSI readings become oversold (below 30) or the MACD histogram crosses below the zero line, looking for short opportunities may be a good idea. Always conduct proper risk management practices and consider diversifying your portfolio.