🤖 AI Insight

Based on the given 1-day technical analysis of GMXUSDT, here's my analysis:

The current price of $13.13 is above the EMA7 of $13.78 and below the EMA25 of $14.42, indicating a short-term downtrend. The RSI14 of 39.08 suggests that the price is oversold.

The MACD is negative, indicating a bearish trend. The decreasing volume trend suggests that buyers are exhausting their power.

Given the current state, it's difficult to recommend a long position. However, for a short position:

Entry price: Below the support level at $9.58 (not recommended in current market conditions)
Or above the current price ($13.13) with a target to reach the resistance level at $18.20

For a long position when the market turns:

Spot buy price: Above the support level at $9.58 (not recommended in current market conditions)
Or when the volume trend turns bullish, the MACD turns positive, and the price crosses above the EMA25.

Please note that this analysis is based on historical data and should not be considered investment advice. It's essential to consider multiple time frames and indicators before making any trading decisions.