Price: 7.093E-5 | EMA7: 0 | EMA25: 0 | RSI14: 42.56 | Resistance: 0.000349 | Support: 1.524E-5 | Average Volume: 2801887503894.1 | Volume Trend: Decreasing
For FLOKIUSDT at 1w, here's a brief analysis:
- The current price is 7.093E-5, below both EMA7 (7.681E-5) and EMA25 (9.252E-5), indicating a downtrend.
- RSI14 is at 42.56, suggesting the asset is not oversold but has room to fall further before being considered oversold.
- MACD is negative, reinforcing the downtrend signal.
- The nearest resistance is at 0.000349, and support is at 1.524E-5.
**Advice:**
- **Long Entry:** Consider entering long around the support level of 1.524E-5 if it reaches there, as it could be a good accumulation zone.
- **Short Entry:** If the price bounces back to EMA7 or EMA25 (around 7.681E-5 to 9.252E-5), it could be a good short entry with a target towards the current support or lower.
- **Spot Buy:** The best spot buy price would be around the support level of 1.524E-5, as it represents a lower risk entry in the current downtrend.