🤖 AI Insight

Based on the given data, here is a brief about the technical analysis of ILVUSDT (Illuvium) in a 1-hour chart:

1. Price: 10.39
2. 7-hour Exponential Moving Average (EMA7): 10.41295954502
3. 25-hour Exponential Moving Average (EMA25): 10.535201835482
4. Relative Strength Index (RSI14): 39.358357788396
5. Moving Average Convergence Divergence (MACD): -0.077160758238136
6. Resistance level: 11.46
7. Support level: 9.85
8. Average Volume: 4101.6078
9. Volume Trend: Decreasing (indicating potential bearish momentum)

Taking into consideration the technical indicators and trends:

1. For a Long entry: Wait for price to reach and cross above the 7-hour EMA (around 10.47). You may enter the trade when the MACD line converges upward and RSI crosses above 39 with a positive directional bias. Ensure higher volatility or a volume increase to confirm the entry point.
2. For a Short entry: Wait for price to reach and cross below the 7-hour EMA (around 10.06). You may enter the trade when the MACD line diverges downward and RSI crosses below 39 with a negative directional bias. Ensure higher volatility or a volume decrease to confirm the entry point.

It is crucial to closely monitor support and resistance levels, especially when considering both entry points. Furthermore, keep an eye on news, sentiment, and macroeconomic factors that can influence the cryptograph's price movement to make a well-informed decision. Lastly, regularly adjust your position risk management, such as using stops and limits, to manage potential losses.