Price: 0.054 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 68.43 | Resistance: 0.0579 | Support: 0.0486 | Average Volume: 1179476.69 | Volume Trend: Decreasing
Based on the provided technical analysis, here are the suggested best entry points and spot buy price for HFTUSDT cryptocurrency:
1. Long (Buy) Entry Point: When the price breaks above the Resistance level of 0.0579 and confirms with a close above it.
2. Short (Sell) Entry Point: When the price breaks below the Support level of 0.0486 and confirms with a close below it.
Spot Buy Price: Right now, the best spot buy price would be waiting until the price stabilizes near or at the EMA7 (0.053544321485728) or EMA25 (0.052596795983281) levels or slightly lower. This ensures you're getting a price that is within an established support area.
Remember, these entry points are based on short-term trading perspectives and can be subject to market movements and changes over time. It is essential to continuously monitor the chart and other indicators before making any trading decisions.