Price: 0.01177 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 34.7 | Resistance: 0.01213 | Support: 0.01151 | Average Volume: 340763.03 | Volume Trend: Decreasing
Based on the 15-minute chart of GUSDT, here's a brief analysis:
1. Trend: The asset is trending downward, supported by the decreasing volume trend.
2. Resistance and Support: The immediate resistance is at 0.01213, while the support is at 0.01151.
3. EMA crossover: The 7-EMA is below the 25-EMA, which is a bearish signal.
4. RSI: The RSI indicator is at 34.70, indicating oversold conditions.
5. MACD: The MACD is close to zero, indicating a neutral signal.
Entry/Exit Strategy:
* Long/Short Entry: Look for a setup when the asset breaks above the resistance at 0.01213. A potential entry point could be just above this level. A stop-loss can be placed below the previous swing low.
* Spot Buy: Consider buying if the asset breaks and closes above the resistance at 0.01213. A potential buy zone could be at 0.01223 or higher.
Please note that this analysis is solely based on technical indicators and should be used in conjunction with Fundamental analysis for better decision-making.