🤖 AI Insight

Based on the technical analysis for MAGICUSDT at a 1-week (1w) chart, here are the observations:

- The price is currently at 0.1215.
- The EMA7 is above the price, and EMA25 is at a higher level, indicating a bearish trend in the short term but a potential reversal in the long term.
- The RSI14 is at 39.55, indicating the price is in an oversold region and may be due for a bounce.
- The MACD is negative, suggesting a bearish trend.
- The price is below the resistance level and significantly above the support level.

However, considering the decreasing volume trend, there's a lower probability of a strong price movement.

Entry Strategy:

- **Long-Short Entry (Risk Management):** Enter a long position near the 0.1 level, and set a stop-loss around 0.06 (just above the support level). This way, you minimize potential losses if the price doesn't rebound.

- **Long-Short Buy Price (Potential Turnaround):** Enter a long position at the first sign of an upward trend break or when the price touches the EMA7. The RSI and MACD are potential indicators to look for a bullish crossover.

- **Spot Buy Price (Best Buying Opportunity):** Consider buying when the price reaches or falls below the EMA7 and the MACD shows signs of a potential bearish reversal. This could be an indicator of a potential upward movement.