Price: 15.8 | EMA7: 16.21 | EMA25: 21.91 | RSI14: 39.92 | Resistance: 156.92 | Support: 11.64 | Average Volume: 784571.98 | Volume Trend: Increasing
Based on the 1-week chart, I would advise the following:
* Long/Short entry: The EMA7 and EMA25 have formed a bullish crossover, indicating a potential buy signal. I would suggest entering a long position around $17.50 (just above the EMA7) to catch the potential upward momentum.
* Best Long/Short exit: Consider exiting the long position around $23.50, where the EMA25 and the resistance level of $23.60 converge.
* Best Spot Buy: For a spot buy, I would recommend entering the market around $14.50, where the price has been finding support and the RSI14 has bottomed out. This entry point also aligns with the horizontal support level at $14.40.
Please note that this is a technical analysis and should be used in conjunction with your own risk management and market analysis. It's also essential to set stop-loss and take-profit levels to limit potential losses and maximize gains.