Price: 0.0814 | EMA7: 0.08 | EMA25: 0.08 | RSI14: 33.74 | Resistance: 0.0847 | Support: 0.0811 | Average Volume: 31679.47 | Volume Trend: Decreasing
Based on the 15m ICXUSDT analysis:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 33.74, suggesting the asset is oversold, potentially nearing a reversal.
- MACD is negative, reinforcing the downtrend.
Best Long entry: Consider a long position around 0.0811 (support level) with a stop-loss below it.
Best Short entry: If it breaks the support, consider a short entry below 0.0811; otherwise, a short around 0.0847 (resistance) is viable if the price reaches it.
Best spot buy price: Around 0.0811, as it's a strong support level.