Price: 6.944 | EMA7: 6.97 | EMA25: 7.01 | RSI14: 32.77 | Resistance: 7.302 | Support: 6.929 | Average Volume: 7969.56 | Volume Trend: Decreasing
Based on the 15m chart of LPTUSDT:
The RSI14 is indicating an oversold condition (32.77), which could lead to a short-term bounce. The MACD is also pointing towards a potential reversal.
Recommendations:
* Long Entry: 6.94 (current price) with a stop-loss at 6.92 and a target of 7.02.
* Short Entry: Avoid shorting at this level, as the RSI is oversold and a bounce is likely.
* Spot Buy: 6.95, considering the oversold RSI and decreasing volume trend, which could lead to a short-term reversal.
Please keep in mind that this is a short-term view and it's essential to monitor the price action and adjust your strategy accordingly.