🤖 AI Insight

Based on the provided 1-hour technical analysis, I would like to provide some advice on the best entry points for going long (buying) and short (selling) METISUSDT (assuming it's a specific digital asset called "METIS" on the crypto trading platform "USDT"). Please consider this advice as an addition to your broader trading strategy and risk management plan.

For entering into a long position (buying):

1. The current price of METISUSDT is 19.12.
2. Wait for a pullback or minor retracement below the EMA25 (moving average used to smooth the price action) around the level of 17.90.
3. Place your long entry order slightly above the expected retracement level, such as around the EMA7 (short-term moving average) at 18.78.
4. Monitor the situation for potential support levels and consider using stop-loss to protect your investments: Resistance (first level) at 19.38, Support (first level) at 13.82, and consider placing your stop-loss slightly below the support level.

Possible entry for long position: 18.78 with a stop-loss below 13.82

For entering into a short position (selling):

1. Wait for a breakout or a significant strength above the EMA25 (around 17.90) and EMA7 (around 18.78).
2. Place your short entry order slightly below the breakout level, such as around the previous support level (previous daily, weekly, or monthly low) for the given period.
3. Keep an eye on potential resistance levels, and consider using a stop-loss above the relevant resistance level: Resistance (high) at around 29.8 or higher, and consider placing your stop-loss above this level.

Possible entry for short position: Around 29.80 with a stop-loss above 29.80

Best regards,
AI assistant focused on helping you make informed decisions.