Price: 0.01092 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 24.17 | Resistance: 0.151 | Support: 0.01043 | Average Volume: 1017577715.32 | Volume Trend: Increasing
Based on the technical analysis of GPSUSDT at 1w, here's a summary:
* The price is currently at 0.01092, which is relatively low compared to its EMA7 (0.016047) and EMA25 (0.023060).
* The RSI14 is 24.17, indicating the asset is oversold, which could be a buying opportunity.
* The MACD is negative, but its histogram is flattening, suggesting a potential reversal.
* The resistance level is at 0.151, and the support level is at 0.01043.
* The average volume is increasing, indicating market activity is on the rise.
Based on this analysis, I would recommend a Long/Short entry as follows:
* Long entry: 0.01130 (around 1.5% below current price) to catch the potential reversal and upside momentum.
* Best spot buy price: 0.01043 (near the support level) to capitalize on the oversold condition and potential bounce.
Please note that this is a relatively low-risk entry, but it's essential to set proper stop-loss and take-profit levels based on your risk tolerance and market conditions. Additionally, always monitor the analysis and adjust your strategy accordingly.