Price: 0.1035 | EMA7: 0.1 | EMA25: 0.11 | RSI14: 47.16 | Resistance: 0.173 | Support: 0.0464 | Average Volume: 28079366.43 | Volume Trend: Decreasing
Based on the given technical analysis of KAIAUSDT at 1-day interval, the key observations are:
- Price is at 0.1035, trading above EMA7 (0.1006) and below EMA25 (0.1051), indicating a short-term bullish trend and long-term bearish trend.
- RSI14 at 47.16 is near neutral, suggesting that the asset is neither overbought nor oversold.
- MACD is negative, indicating a bearish trend in the momentum.
- Volume trend is decreasing, which may indicate a lack of buying interest.
- The price is above the support level of 0.0464 but still far from the resistance level of 0.173.
Considering the bearish trend in momentum and decreasing volume trend, I would advise a cautious long position entry. The best entry price for long with a 50:50 risk-reward ratio would be below the EMA25 at around 0.097.
However, please note that this analysis is based on a limited dataset and may not be comprehensive for making investment decisions. It's always recommended to do a thorough analysis and consult different sources before making any trading decisions.