🤖 AI Insight

Based on the provided technical analysis for KDA/USDT on a 15-minute chart, I will provide advice on potential entry points along with a suggested spot buy price:

Entry Points and Suggested Buy Price:
In order to identify potential entry points, let's consider the various technical indicators together. The long-term trend on this chart appears to be slightly bullish due to the EMA25 being slightly above the EMA7. However, we have some minor signs of sell pressure, as the RSI is around average, indicating a neutral sentiment. The MACD is slightly bearish, showing lower momentum than the moving averages. Currently, we see resistance at 0.4016 and support at 0.3756.

Considering the mixed signals, it might be best to wait for a further consolidation or retracement before entering the market. This could present a better entry point with lower risk. A recommended buy price at this moment would be around the strong support at 0.3756.

Entry Points for Long Position:
- Prices under 0.3756 act as the first support level. If the price breaks above this resistance, a short-term bullish trend is likely, suggesting potential entry points between EMA7 and EMA25 convergence/divergence (EMA7 and EMA25 crossing).

Long Position Entry Point Examples:
- Await a breakout above 0.3802 to consider entering a long position on KDA/USDT.
- Look for a retracement back towards the support at 0.3756 as a possible long entry point.

Entry Points for Short Position:
- If the price declines below the strong support at 0.3756, a potential short position can be considered near the EMAs intersection or with the support broken and tested.

Short Position Entry Point Examples:
- Await a break below the strong support at 0.3756 to enter a short position on KDA/USDT.
- Look for a pullback towards the EMAs intersection as a potential short entry point.

My advice for entering a long position would be at a retracement towards the last support level at 0.3756, considering the mixed market sentiment. For entering a short position, wait for a potential breakdown of the strong support at 0.3756. Keep in mind to have a stop-loss order in place to minimize potential loss.

Additionally, considering the recent market conditions and price action, volatile and highly influenced by external factors, it might be worth monitoring further before entering a trade for a more reliable entry point.