🤖 AI Insight

Based on your provided technical analysis, here are my recommendations for buying/selling HEIUSDT (HEICoin trading pair in USDT):

Long Entry: There are few options for potential long entry points considering the positive trend and increasing volume. I suggest entering this trade when the price crosses above the EMA25 (support level at 0.2420) at a decent entry price like:

- When the price completes a bullish pattern like "H&S" or "Double Bottoms" formation confirming its uptrend.
- After a pullback to the 38.2% Fibonacci retracement level of the recent upswing, for example, if the price touched the level of 0.2420, and then starts rising further.

Short Entry:
- You can short the pair using the same types of patterns mentioned above. Look for a bearish pattern formation or price move back down to touch the EMA25 (0.2420) to initiate short positions.
- Alternatively, when the price breaks below the EMA7 (resistance level at 0.25197317586481) with increased volume, consider taking a short position.

Best Spot Buy Price: The price of HEIUSDT currently stands at 0.2677, suggesting that you could consider using the following criteria to find the best spot buy price:

1. Monitor the price returning to the 50% retracement level of the recent downtrend or support levels close to 0.236 or 0.205. Look for increased volume on the candles when observing support levels.
2. You can consider buying when the moving averages cross each other, with the 7-day EMA crossing below the 21-day EMA, which is currently taking place and might trigger a buying opportunity.

Advice: Always make sure to check prevailing market conditions, including news impact, resistance and support levels, before making any investment decision. Market analysis and diversification are essential for successful and sustainable trading.