Price: 1.208 | EMA7: 1.22 | EMA25: 1.22 | RSI14: 34.22 | Resistance: 1.247 | Support: 1.2003 | Average Volume: 92210.97 | Volume Trend: Decreasing
Based on the 15-minute technical analysis of LDOUSDT:
- The price is currently at 1.208, below both EMA7 (1.2177) and EMA25 (1.2244), indicating a bearish trend.
- RSI14 is at 34.21, suggesting the asset is oversold, potentially nearing a reversal.
- MACD is negative (-0.0032), supporting the bearish momentum.
**Long Entry Advice:**
Consider a long entry if the price breaks above EMA7 (1.2177) with increasing volume, targeting a stop loss below the recent support at 1.2003. A more conservative entry would be above the resistance at 1.247.
**Best Long Entry Price:** 1.218 (above EMA7) or 1.247 (above resistance) with a stop loss at 1.2003.
**Short Entry Advice:**
For a short entry, consider selling if the price fails to break above EMA7 or EMA25 and continues downward, with a stop loss above 1.247.
**Best Short Entry Price:** 1.208 (current) with a stop loss at 1.247, or wait for a bounce to EMA7/EMA25.
**Best Spot Buy Price:** 1.2003 (support level), with a stop loss below this level.
Keep an eye on the volume trend; a decreasing volume during a downtrend might indicate a weakening bearish momentum, potentially leading to a reversal.