Price: 0.002598 | EMA7: 0 | EMA25: 0 | RSI14: 63.95 | Resistance: 0.00757 | Support: 0.001376 | Average Volume: 3092000193.48 | Volume Trend: Increasing
Based on the technical analysis of MEMEUSDT at 1d:
- The price is currently at 0.002598, above both EMA7 (0.0021436) and EMA25 (0.0020664), indicating a bullish trend.
- RSI14 is at 63.95, suggesting the asset is not overbought yet, leaving room for potential further increase.
- MACD is positive, supporting the bullish momentum.
- Resistance is at 0.00757, and support is at 0.001376.
**Advice:**
- **Long Entry:** Consider entering long at dips towards EMA7 or slightly below, around 0.0021-0.0020, with a stop loss below EMA25 (0.0020664).
- **Short Entry:** Consider shorting if the price hits the resistance at 0.00757 and shows signs of reversal, with a stop loss above 0.00757.
- **Spot Buy:** A good spot buy price could be around 0.0020, balancing between the current trend and a more favorable entry price.
Keep an eye on volume and RSI for overbuying signals. Increasing volume supports the current trend.