Price: 2.557 | EMA7: 2.98 | EMA25: 3.43 | RSI14: 40.37 | Resistance: 29.906 | Support: 1.752 | Average Volume: 10368468.87 | Volume Trend: Decreasing
Based on the provided technical analysis of GASUSDT at 1w:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is around 40.37, suggesting the asset is not oversold but trending downwards.
- MACD is negative, confirming the downtrend.
- The nearest support is at 1.752.
For a **Long position**, a good entry could be around the support level of 1.752, with a stop loss below this level.
For a **Short position**, considering the downtrend, a good entry could be around the current price or slightly above if it shows resistance, with a target near the support level of 1.752. However, be cautious of potential reversals.
For a **Spot Buy**, a more conservative approach would be to wait for a clearer sign of reversal, such as the price crossing above EMA7 (around 2.980) with increasing volume, or a significant bounce off the support at 1.752. A safer spot buy could be around 1.752 if it holds as support.
**Advice**:
- For Long: Entry around 1.752, Stop Loss below 1.752.
- For Short: Entry around 2.6 or slightly above if resistance is met, Target near 1.752.
- For Spot Buy: Wait for a bounce off 1.752 or a cross above 2.980 with increasing volume.