Price: 12.43 | EMA7: 12.43 | EMA25: 12.44 | RSI14: 48.05 | Resistance: 13.06 | Support: 12.31 | Average Volume: 1446.05 | Volume Trend: Decreasing
Based on the 15-minute chart of KSMUSDT, I notice:
- The price is currently below its EMA25, indicating a bearish trend.
- The RSI14 is at 48, which suggests a neutral market, but close to oversold territory.
- The MACD is slightly bearish, but close to a neutral zone.
- The volume trend is decreasing, which may indicate a lack of buyer interest.
- The price is near the support level of 12.31.
Advice:
- Consider a long entry when the price tests and recovers the support level of 12.31.
- If looking to long, wait for a close above EMA25 at 12.44 to confirm the bullish reversal.
- If looking to short, a more aggressive short entry could be at 12.5, where it's close to the resistance level of 12.6.
- For a spot buy, target a price of 12.5.