Price: 0.1432 | EMA7: 0.14 | EMA25: 0.15 | RSI14: 34.85 | Resistance: 0.1554 | Support: 0.142 | Average Volume: 257813.45 | Volume Trend: Decreasing
Based on the 1h technical analysis of LUNAUSDT:
- The price is currently at 0.1432, below EMA7 (0.1438) and EMA25 (0.1455), indicating a downtrend.
- RSI14 is at 34.85, suggesting the asset is approaching oversold territory, potentially nearing a support level.
- MACD is negative, reinforcing the bearish momentum.
**Advice:**
- **Long Entry:** Consider entering long around 0.142 (support level) with a stop-loss below it. A potential target could be 0.1554 (resistance level).
- **Short Entry:** If the price bounces off the current levels and heads towards 0.1554, consider shorting around 0.1554 with a stop-loss above it.
- **Spot Buy:** A good spot buy price could be around 0.142, considering it's a strong support level and the RSI indicating potential oversold conditions.
Keep an eye on the decreasing volume trend, as a surge in volume with a price move could validate the direction.