🤖 AI Insight

Based on the 1-hour chart of LQTYUSDT, here's my analysis:

The price is trading below the 7- and 25-EMA, indicating bearish momentum. The RSI is relatively low at 34.5, suggesting the market may be oversold. The MACD is approaching a bullish crossover, which could provide apotential reversal signal.

As for entry points:

Long/Short entry: Consider a buy at the 1.321 level, as it's a relatively strong support and a potential reversal point. For a more aggressive entry, you could look at 1.325, where the price has tested before.

Best spot to buy: 1.325 (if you're looking to buy) or wait for the price to bounce off the support at 1.31 before entering a long position.

Note that the decreasing volume trend raises concerns about the trade's potential longevity. It's essential to monitor the chart closely for any signs of increasing volume or a bullish momentum breakout above the 1.3534 resistance level.