Price: 0.1232 | EMA7: 0.12 | EMA25: 0.13 | RSI14: 40.04 | Resistance: 0.1374 | Support: 0.1197 | Average Volume: 115814.94 | Volume Trend: Increasing
Based on the 15m chart, here's my analysis:
The current price (0.1232) is below both EMA7 and EMA25, indicating a bearish trend. The MACD is also negative, supporting this view.
However, the RSI is around 40, which is not yet oversold.
Considering the support level at 0.1197 and the increasing volume trend, I'd recommend a short entry at 0.1220 (just below the current price) and a long entry at 0.1198 (just above the support level).
If you prefer a spot buy, I'd suggest waiting for a breakout above 0.1250, which could be a strong resistance-turned-support level.
Remember to set your stop-loss and take-profit levels according to your risk management strategy.