Price: 0.356 | EMA7: 0.36 | EMA25: 0.36 | RSI14: 38.24 | Resistance: 0.377 | Support: 0.355 | Average Volume: 15884.81 | Volume Trend: Decreasing
Based on the 15m technical analysis of LSKUSDT:
- The EMA7 and EMA25 are slightly crossing over, indicating a weak bearish trend.
- The RSI14 is around 38, suggesting the market is in equilibrium, not oversold.
- The MACD is slightly negative, indicating a weak bearish momentum.
- The volume is decreasing, which may be a sign of weak buying or selling pressure.
- Considering the overall trend is bearish, it might be challenging to find a clear "Long" entry.
Short entry: Considering the bearish trend and the recent price action, a short entry might be more effective. However, it's essential to wait for confirmation around the Support level of 0.355.
Long entry: Wait for a clear bullish reversal, which could occur if the price bounces off the Support level of 0.355 and forms a higher high.
No buy signal. However, a spot buy might be considered if the price declines further and touches the Support level of 0.355, and the RSI14 is below 30, indicating an oversold condition.