Price: 0.004429 | EMA7: 0 | EMA25: 0 | RSI14: 55.14 | Resistance: 0.007147 | Support: 0.003224 | Average Volume: 287832374.69 | Volume Trend: Decreasing
Based on the 1-day chart for IQUSDT, here's my analysis:
**Short-term trend:** The EMA7 and EMA25 are trending downwards, indicating a bearish trend. The RSI14 is around 55, which suggests that the asset is not overbought or oversold.
**Best Long/Short entry prices:**
* Long: Consider entering a long position around 0.0038, which is above the recent low and the EMA7. This entry price is slightly below the resistance level of 0.0040.
* Short: Consider entering a short position around 0.0046, which is above the recent high and the EMA25. This entry price is slightly above the resistance level of 0.0047.
**Best spot buy price:** Based on the chart, I wouldn't recommend buying spot at the current price (0.004429). A better entry price could be around 0.0038, which is the suggested long entry price.
**Warning:** The volume trend is decreasing, which may indicate a lack of buying pressure. Be cautious of a potential break below the support level of 0.003224.
Please keep in mind that this is just a technical analysis and not investment advice. It's essential to consider other factors such as market news and your own risk tolerance before making a trading decision.