Price: 88.67 | EMA7: 88.78 | EMA25: 89.93 | RSI14: 39.13 | Resistance: 94.17 | Support: 86.71 | Average Volume: 16682.85 | Volume Trend: Decreasing
Based on the 1h technical analysis of LTCUSDT:
**Trend:** The price is currently at 88.67, below both EMA7 (88.78) and EMA25 (89.93), indicating a short-term bearish trend.
**Indicators:**
* RSI14 (39.13) is in the oversold territory, but not extremely low, suggesting a potential for a bounce back.
* MACD (-0.81) is negative, indicating a bearish momentum.
**Support and Resistance:**
* Support: 86.71, a potential buy zone if the price breaks through.
* Resistance: 94.17, a potential sell zone if the price reaches.
**Volume:**
* Average Volume: 16682.85, relatively low.
* Volume Trend: Decreasing, indicating a lack of interest in the current price range.
**Entry Prices:**
* **Short Entry:** Consider shorting around 89.50-90.00 (near EMA25), with a stop loss above 91.00. Target 86.71 (support).
* **Long Entry:** Consider buying around 86.50-87.00 (near support), with a stop loss below 85.50. Target 90.00 (EMA25).
**Spot Buy Price:** If you're looking to buy LTCUSDT, consider accumulating around 86.71 (support) or slightly lower (86.50). This could be a relatively safe entry point, but be cautious of potential volatility.
Keep in mind that technical analysis is subjective, and it's essential to monitor the markets and adjust your strategy accordingly. Always use proper risk management techniques.