Price: 0.9418 | EMA7: 1.1 | EMA25: 1.24 | RSI14: 41.96 | Resistance: 2.9274 | Support: 0.1 | Average Volume: 111011264.36 | Volume Trend: Decreasing
Based on the 1-week technical analysis of KAITOUSDT:
1. EMA25 (1.2365779471652) is above EMA7 (1.0964769711345), indicating an overall bullish trend in the short term.
2. RSI14 (41.958210939233) is below 50, suggesting that the price is undervalued and may experience a potential upward move.
3. MACD (-0.093220195200233) is slightly negative, indicating a minor bearish trend, but it's not strong enough to stop a possible upward bounce.
4. However, given the increasing trend between EMA7 and EMA25, and the bearish MACD, this might be a suitable long-short entry point with caution.
Long Entry:
If you're planning to go long, consider waiting for EMA7 to cross above EMA25, or look for a golden cross where EMA25 crosses above EMA50 (not provided here but assuming 200 EMA or above).
Spot Buy Price:
I would cautiously recommend a long entry price around 0.85-0.9, looking for a potential bounce from this support level or a breakout when the price crosses above the resistance level and the Moving Average indicators start aligning.