Price: 0.2363 | EMA7: 0.24 | EMA25: 0.24 | RSI14: 31.74 | Resistance: 0.2417 | Support: 0.2348 | Average Volume: 14680.29 | Volume Trend: Increasing
Based on the 15m technical analysis:
* The RSI14 indicates an oversold condition (31.74), which may lead to a short-term bounce.
* The MACD is bearish, but the histogram is converging, suggesting a potential reversal.
* The EMA7 and EMA25 are both above the current price, indicating a short-term bearish trend.
* The increasing volume trend supports a potential breakout.
Advice:
* Long entry: 0.2380, with a stop-loss at 0.2355, targeting 0.2417 (resistance).
* Short entry: 0.2345, with a stop-loss at 0.2370, targeting 0.2300 (next support level).
* Spot buy price: 0.2380, with a stop-loss at 0.2360.
Please note that these are short-term trading recommendations and are subject to change based on market conditions. It's essential to monitor the price action and adjust your strategy accordingly.