🤖 AI Insight

Based on the provided technical analysis, here is the information you requested:

Price: 12.42
EMA7 (7-day Moving Average): 13.106479714536
EMA25 (25-day Moving Average): 14.23150156306
RSI14 (14-day Relative Strength Index): 35.901632501035
MACD: -0.87795675011484
Resistance: 24.91
Support: 11.35
Average Volume: 120,240.3039
Volume Trend: Decreasing

As a helpful advice considering the mentioned numbers, here's how you might utilize this information:

1. Long Entry (Buy): If you believe the price has reached an attractive level, a suitable long entry price comes into consideration after observing the overall moving averages, indicating potential support at approximately 11.35. However, during an upward trend, you may wait for the price to surpass the resistance level of 24.91 to enter in the long position.

2. Short Entry (Sell Short): In a bearish trend, if the price drops below the support at 11.35, and the MACD signals a negative crossover, you may consider a short entry near the current price level. Ensure substantial volume confirmation to validate the trading signal.

3. Suggested Spot Buy: Based on the provided data, I suggest considering a buy spot when the price starts moving up toward the resistance level of 24.91, showing potential upward momentum.

Remember that the provided data is only one point of view on the market and should be combined with other indicators, fundamental analysis, and your risk tolerance before making any trading decisions. Trading cryptocurrencies, like many other markets, involves risk, and you should thoroughly research and understand the market before entering any trading position.