🤖 AI Insight

Based on the 15m technical analysis of INITUSDT:

- The price is currently at 0.3369, below both EMA7 (0.3388) and EMA25 (0.3407), indicating a downtrend.
- RSI14 is at 29.15, suggesting the asset is oversold, potentially due for a bounce or consolidation.
- MACD is negative (-0.0011), further indicating bearish momentum.
- The closest support is at 0.3366, which is very near the current price, and resistance is at 0.3502.

**Advice:**

1. **Long Entry:** A potential long entry could be considered if the price consolidates above 0.3407 (EMA25) with a stop loss below 0.3366. A more conservative entry would be above 0.3502 with a stop loss below 0.3366.
- **Best Long Entry Price:** Above 0.3407 or more conservatively above 0.3502.

2. **Short Entry:** Given the current downtrend, a short entry could be considered near resistance levels or upon a failure to break above EMA25 or EMA7.
- **Best Short Entry Price:** Near 0.3388 or 0.3407, with a stop loss above 0.3502.

3. **Spot Buy:** For a spot buy, considering the oversold RSI, a reasonable entry could be near the current support level or upon confirmation of a reversal pattern.
- **Best Spot Buy Price:** Around 0.3366 or upon a clear reversal signal (e.g., bullish engulfing, RSI divergence) with a stop loss below the recent lows.

Keep an eye on volume and the overall trend. Decreasing volume during a downtrend can sometimes indicate a potential reversal or consolidation, but it's crucial to wait for a clear signal. Manage your risk with appropriate stop-loss orders.