Price: 0.01222 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 20.52 | Resistance: 0.01612 | Support: 0.01211 | Average Volume: 33945106.9 | Volume Trend: Decreasing
Based on the provided technical analysis, we can identify the current price of FUSDT as $0.01222. The short-term EMA7 (exponential moving average) is at $0.012850026585736, the EMA25 (long-term moving average) is at $0.013551833532624, RSI14 (relative strength index) is at 20.517641244118, and the MACD (-0.00043322168136383) value indicates a bearish signal. Resistance levels are at $0.01612, while support is at $0.01211.
To enter a long (buy) position, it's advisable to wait for a crossover of the MACD line above the signal line after the RSI has exited the oversold area (below 30). A spot buy price could be around the support level ($0.01211).
For a short (sell) position, wait for a crossover of the MACD line below the signal line and ensure the RSI is in the overbought area (above 70). The best Long/Short entry prices will depend on your risk tolerance and trading strategy. Based on the provided data, the best short position entry could be $0.01222 if you consider the recent decrease in volume and trend.
Remember to continuously monitor the analysis to adjust entry prices accordingly as market conditions change. It is essential to consider performing backtesting of your strategy and consulting with a financial advisor before making any investments.