Price: 15.7 | EMA7: 15.57 | EMA25: 15.29 | RSI14: 52.46 | Resistance: 19.45 | Support: 11.97 | Average Volume: 116757.46 | Volume Trend: Increasing
Based on the 1-day chart of KSMUSDT, here are my technical analysis findings:
* The price is currently trading above the EMA25, indicating a bullish trend.
* The RSI14 is at 52.46, which is in the neutral range, indicating that the price is neither overbought nor oversold.
* The MACD is positive, but weak, suggesting a potential trend reversal.
* The volume is increasing, indicating growing market participation.
For a Long/Short entry strategy, I would recommend:
* Long entry: Buy at $15.50 (just below the EMA7) to take advantage of the bullish trend.
* Short entry: Sell at $15.20 (just above the Support level) to capitalize on the potential reversal.
For spot buy, I would recommend buying at $14.80 to take advantage of the increasing volume and the bullish trend. However, be cautious of a potential reversal if the MACD weakens further.
Please note that technical analysis is not a guarantee of future price movements, and it's essential to use this analysis in conjunction with your own risk management and trading strategy.