Price: 1.465 | EMA7: 1.48 | EMA25: 1.51 | RSI14: 44.07 | Resistance: 2.5 | Support: 0.967 | Average Volume: 225073 | Volume Trend: Decreasing
Based on the 1-day technical analysis of GNSUSDT, here are some observations and suggestions:
1. **Price Trend**: The current price (1.465) is below the EMA25 (1.5104649434498) and EMA7 (1.4838028734271), indicating a bearish trend.
2. **RSI**: The RSI14 (44.067703038781) is below 50, indicating a bearish momentum.
3. **MACD**: The MACD (-0.041250083898422) is below the zero line, confirming the bearish trend.
4. **Volume Trend**: The volume is decreasing, which suggests a lack of buying interest.
Given these observations:
- **Best Long Entry Price**: I would recommend waiting for the price to cross above EMA7 (1.4838028734271) or EMA25 (1.5104649434498) with an increasing volume, which could indicate a potential trend reversal. A long entry price could be around 1.48, but it's essential to validate with other indicators and a confirmation of the trend change.
- **Best Spot Buy Price**: Considering the support level (0.967) and the current price (1.465), a spot buy may not be a viable option given the bearish trend. However, if the price does reach the support level (0.967), it might be a good opportunity to consider a buy, but only if accompanied by an increase in volume and other technical indicators confirming a trend reversal.
**Warning**: Trading decisions should be made with caution, and it's always recommended to validate technical analysis with other factors, such as fundamental analysis or market news.