🤖 AI Insight

## IQUSDT Technical Analysis (1w)

**Outlook:** Bearish

**Entry:**

* **Long:** Not recommended at this time. Sentiment is currently bearish and price is below both EMA7 and EMA25.
* **Short:** Consider entering short positions below the support level of 0.003224.

** Spot Buy Price:** Wait for a clear break above the EMA25 (around 0.0053) or a bullish reversal pattern to enter long positions.

**Rationale:**

* Price is below both EMA7 and EMA25, indicating downtrend.
* RSI is in oversold territory, but the decreasing volume doesn't suggest strong bullish momentum.
* MACD is bearish.
* Resistance level at 0.02437 is significantly higher, suggesting significant resistance.

**Disclaimer:** This is not financial advice. Always do your own research and consider your risk tolerance before making any investment decisions.