Price: 0.717 | EMA7: 0.75 | EMA25: 0.8 | RSI14: 33.49 | Resistance: 1.139 | Support: 0.695 | Average Volume: 974510.14 | Volume Trend: Decreasing
LAZIOUSDT is in a bearish trend. Here's my analysis:
* The price is below EMA7 and EMA25, indicating a strong downtrend.
* RSI14 is at 33.48, which is close to the oversold region (below 30). Be cautious of a potential pullback.
* MACD is negative, confirming the bearish trend.
Recommendations:
* Short entry: 0.72 (just below the current price) with a stop-loss at 0.75 (above EMA7).
* Long entry: 0.695 (at the support level) with a stop-loss at 0.68.
Spot buy price: 0.695 (at the support level), but be prepared for a potential pullback.
Keep in mind that the decreasing volume trend might indicate a lack of interest in the token, which could lead to further downside movement.