Price: 119.88 | EMA7: 122.81 | EMA25: 127.12 | RSI14: 42.78 | Resistance: 210 | Support: 96.8 | Average Volume: 3717.04 | Volume Trend: Decreasing
**Technical Analysis of GNOUSDT (1d)**
The current price of GNOUSDT is $119.88.
**Trend Indicators:**
- The price is below both EMA7 ($122.81) and EMA25 ($127.12), indicating a short-term and medium-term downtrend.
- The MACD (-3.34) is negative, confirming the downtrend.
**Momentum Indicator:**
- RSI14 at 42.78, which is in the neutral to slightly bearish territory, not yet oversold.
**Volume Analysis:**
- The average volume is 3717.03751, and the volume trend is decreasing, which could indicate a lack of conviction in the current price direction.
**Support and Resistance:**
- Immediate support is at $96.80, and resistance is at $210.
**Advice:**
### Long Entry:
- A conservative long entry could be considered if the price breaks above EMA7 ($122.81) with a confirmation of increasing volume, targeting a move towards EMA25 ($127.12).
- **Best Long Entry Price:** Around $122.81 (EMA7) with a stop loss below $112 and a target of $127.12.
### Short Entry:
- Given the current downtrend, a short entry could be considered if the price breaks below the recent low or a significant support level. However, with RSI not oversold and MACD already negative, it might be prudent to wait for a clearer signal.
- **Best Short Entry Price:** Below $115 with a stop loss above EMA7 ($122.81) and a target towards the support at $96.80.
### Spot Buy:
- For a spot buy, looking for a more favorable entry, consider buying near the support level where the price could bounce back.
- **Best Spot Buy Price:** Around $96.80 (support level), which could offer a better risk-reward ratio.
**Disclaimer:** Always consider risk management and do not invest more than you can afford to lose. This analysis is for educational purposes and should not be taken as investment advice.