🤖 AI Insight

Based on the provided technical analysis, here's a summary of the MANAUSDT market at the 4-hour timeframe:

Price: 0.2178
EMA7: 0.22500541015792
EMA25: 0.22940656529494
RSI14: 37.014811932386
MACD: -0.0025262136314172
Resistance: 0.2524
Support: 0.2132
Average Volume: 1500121.2
Volume Trend: Decreasing

Thoughts:

1. Short-term: The price is currently near the support level at 0.2132, below the EMA7 (0.2250) and the EMA25 (0.2294). The RSI shows an insignificant oversold condition (37). MACD indicates a slight positive momentum. Based on the current conditions, considering a short-term trade, a potential entry price for selling could be slightly below the support level. On the other hand, a potential entry price for buying could be at the support level or slightly above the EMA7.

2. Long-term: Looking at the price below the EMA25 (0.2294) and MACD giving a positive signal, the market seems oversold according to RSI, and the price is at the support level. A long-term trading strategy should consider buying at or slightly above the support level. Yet, make sure the market conditions improve further before making a significant long position.

To avoid potential losses, consider using stop-loss orders based on your chosen entry price and the support/resistance level in mind. Stick to your stop-loss to protect your investment, and monitor the trends closely for any potential changes. With the current level, the bullish outlook has a higher possibility of success, but trading decisions should be based on your risk tolerance and market conditions in general.

So, if you look to buy the MANA token, the following are suggested entry prices:
1. Slightly above the support level at 0.2200
2. At the support level of 0.2132 (long-term buy consideration: slightly above the support level)
3. Consider the trend and set stop-loss around the support/resistance levels to determine a viable buy point taking into account your risk tolerance.

Regarding selling MANA tokens, consider the entry based on the support level at 0.2132 and slightly below it. Keep monitoring the MACD and RSI to determine whether the market trend remains suitable for shorting. For short-term trading, consider entry slightly below the support level while placing a stop-loss around the support/resistance levels.