🤖 AI Insight

Based on the provided technical analysis for MBLUSDT (Monaco Gas) on a 15-minute time frame, the current price is 0.002485 USDT. Some key points from the analysis are:

1. EMA7: 0.002492929777976 indicates a slight bullish trend with support from the short-term moving average (7-day EMA).
2. EMA25: 0.0024963032337595 reflects a slightly stronger bullish trend with support from the medium-term moving average (25-day EMA).
3. RSI14: 44.877093380037 suggests that the asset is oversold, pointing to potential buying opportunities.
4. MACD: 6.7475240313414E-7 (very close to the zero line) indicates a neutral crossover between the MACD line and the signal line, suggesting impending changes in trend direction.
5. Resistance: 0.002544 is a possible resistance level that bullish traders should watch for to identify potential entry points if the asset breaks above this level.
6. Support: 0.002412 is a potential support level that bears should keep an eye on to determine if moving averages and indicators indicate a potential bounce back.

Now, considering your investment goals (short-term trading), the best entry points for long positions are:

1. Consider entering short positions when the asset breaks below the support level (0.002412 USDT) to take advantage of possible selling pressure.
2. Enter long positions when the asset breaks above the resistance level (0.002544 USDT) while keeping an eye on moving averages and other technical indicators for further confirmation.
3. If you prefer entering positions during price retracements from significant resistance or support levels, wait for MACD and RSI indicators to show a potential shift in the market momentum (bullish signals).

For best results, monitor the asset's price action, along with the movements of moving averages and key technical indicators before making any trade decisions. Buying the coin below the support level (0.002412) and selling above the resistance level (0.002544) appears to be a reliable strategy while considering the price movements, as explained above. Make sure to set stop-loss orders to protect your investment and practice risk management to optimize your gains and minimize losses.