Price: 0.2454 | EMA7: 0.26 | EMA25: 0.27 | RSI14: 27.31 | Resistance: 0.2853 | Support: 0.245 | Average Volume: 289884.64 | Volume Trend: Increasing
Based on the technical analysis provided, here are my suggestions:
1. Long Entry Prices: Wait for a bullish crossover between the EMA7 (0.25798617605125) and the main support level of 0.245. Upon a bullish crossover, enter long positions aiming for potential resistance levels highlighted.
2. Short Entry Prices: Wait for a bearish crossover between the EMA7 (0.25798617605125) and the main resistance level of 0.2853. Once a bearish crossover occurs, enter short positions aiming for potential support levels highlighted.
3. Best Spot Buy Price: Due to the increasing average volume and volume trend observed, I recommend waiting for a pullback near support levels, such as 0.245 or lower. This would allow for a potential double- or triple-bottoms formation, increasing the probability of a price bounce and providing a higher probability of gaining profits.
Remember that this analysis is based on short-term real-time data and may change with market movement. Always consider additional indicators, news, and fundamental analysis before making any trading decisions. I highly advise conducting your due diligence and consulting with a financial advisor before initiating any trading positions.