Price: 0.359 | EMA7: 0.37 | EMA25: 0.46 | RSI14: 39.65 | Resistance: 1.7 | Support: 0.302 | Average Volume: 55340982.86 | Volume Trend: Decreasing
Based on the technical analysis of FLOWUSDT at 1w:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is nearing oversold territory (below 40), suggesting potential for a bounce.
- MACD is negative, reinforcing the downtrend.
**Advice:**
- For a Long position, consider entry around 0.30 (support level).
- For a Short position, consider entry around 0.40-0.45 if the price bounces off the current level and hits resistance at EMA7/EMA25.
- Best spot buy price: 0.302 (support level), with a stop loss below this level.
Keep in mind that the overall trend is down, and the volume trend is decreasing, which may indicate a consolidation phase before a significant move. Monitor the price action closely.