← Back to Home

📊 Analysis: ICXUSDT (1d)

Price: 0.1282 | EMA7: 0.13 | EMA25: 0.13 | RSI14: 47.15 | Resistance: 0.185 | Support: 0.1099 | Average Volume: 12599987.47 | Volume Trend: Decreasing

🤖 AI Insight

**ICXUSDT 1D Technical Analysis**

**Current Price:** 0.1282

**Trend:** The short-term trend appears to be bearish as the price is below both EMA7 (0.1291) and EMA25 (0.1312).

**Indicators:**

* **RSI14:** 47.15, neutral, but leaning towards oversold territory.
* **MACD:** -0.0015, indicating a bearish momentum.

**Support and Resistance:**

* **Support:** 0.1099, a potential buy zone if the price breaks below.
* **Resistance:** 0.185, a significant barrier for any upward movement.

**Volume:**

* **Average Volume:** 12,599,987.47
* **Volume Trend:** Decreasing, indicating a lack of interest in the current price range.

**Trading Strategy:**

* **Long Entry:** Consider buying around 0.1200 - 0.1250, close to the support level and where the price might bounce back. A stop loss could be set below 0.1150.
* **Short Entry:** If the price breaks below 0.1200, consider shorting with a target towards 0.1099. A stop loss could be set above 0.1300.
* **Spot Buy Price:** For a more conservative entry, consider buying at or below 0.1250, where the price could potentially bounce back.

Keep in mind that this analysis is based on current market conditions and may change rapidly. Always use proper risk management techniques when trading.