Price: 0.786 | EMA7: 0.82 | EMA25: 0.91 | RSI14: 37.15 | Resistance: 1.654 | Support: 0.683 | Average Volume: 2669830.38 | Volume Trend: Decreasing
LQTYUSDT shows signs of weakness. Price is below both EMA7 and EMA25, indicating a bearish trend. RSI is below 50, suggesting oversold conditions, but decreasing volume raises caution as this could be a bear trap.
**Entry:**
* **Short:** Consider shorting around the current price (0.786) with a tight stop-loss above the recent high.
* **Long:** Only enter a long position if price breaks above 0.817 (EMA7) with strong volume confirmation.
**Spot Buy:** Not advisable at this time due to the prevailing downtrend. Wait for a reversal pattern or confirmation of a bullish trend.
Remember, technical analysis is one tool among many. Always manage risk and conduct thorough research before trading.