Price: 0.136 | EMA7: 0.15 | EMA25: 0.21 | RSI14: 37.85 | Resistance: 1.2497 | Support: 0.1239 | Average Volume: 61451759.08 | Volume Trend: Decreasing
Based on the 1-week technical analysis of JOEUSDT:
**Trend:** The price is in a downtrend, as indicated by the declining EMAs (7 and 25) and the MACD in negative territory.
**Indicators:**
* RSI (14) is at 37.84, which suggests the price is oversold but not extremely so.
* MACD is negative, confirming the downtrend.
**Support and Resistance:**
* Immediate support is at 0.1239. A break below this could lead to further declines.
* Resistance levels are far away, with the first significant one at 1.2497, which is unlikely to be tested soon.
**Entry Prices:**
* **Short Entry:** Consider shorting around 0.140-0.145 (near the EMA7), with a stop loss above 0.150. This area may provide a low-risk entry as the price has been rejected here previously.
* **Long Entry:** For a long position, consider buying around 0.120-0.125 (near the support level), with a stop loss below 0.115. This area provides a relatively safer entry for a long position.
**Spot Buy Price:** If you plan to buy and hold, consider accumulating around 0.125-0.130. This price range offers a better risk-reward ratio compared to current prices.
**Volume Trend:** The decreasing volume trend suggests that the downtrend might be losing momentum. Keep an eye on volume for any signs of reversal.
In summary, for a short-term trade, consider shorting near 0.140-0.145. For a long-term spot buy, accumulating around 0.125-0.130 seems reasonable. Always use proper risk management techniques.