← Back to Home

📊 Analysis: IOTAUSDT (1h)

Price: 0.192 | EMA7: 0.19 | EMA25: 0.19 | RSI14: 45.41 | Resistance: 0.2047 | Support: 0.1889 | Average Volume: 530611.29 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1h technical analysis, I would recommend a Long position with a target entry price around 0.197-0.198, which is just above the current price of 0.192. This would allow you to scalp some profits while still being below the significant resistance level of 0.2047.

As for the Short position, I would recommend entering at a price around 0.185-0.186, which is just above the support level of 0.1889. This would give you some room to breathe and potentially profit from a sell-off.

For spot buying, I would recommend entering at a price around 0.190-0.191, which is relatively low and has minimal resistance ahead. This would allow you to ride out the current downtrend and potentially profit from a bounce or reversal.