🤖 AI Insight

Based on the chart you provided, I can help you make a informed decision before making a trade involving MINAUSDT.

Technical analysis shows the current price of MINAUSDT is $0.2619. I will provide suggested entry points for both a long and short position, with a focus on the most recent support and resistance levels:

For a Long position:
- First Entry Price: Wait for a clear breakout of the resistance zone (around $0.182) or a pullback to a key support level (around $0.23)
- Confirmation Signals: RSI (Relative Strength Index) getting back into overbought or oversold conditions and MACD (Moving Average Convergence Divergence) crossing above the zero line (positive MACD)
- Take Profit: Set a take profit at around $0.31, which may coincide with the close of the EMA25 (Slow Dominant EMA).

For a Short position:
- First Entry Price: Await a breakdown below the support zone (around $0.182) or the slow dominance of the EMA25 (Slow Dominant EMA) being crossed by the EMA7 (Fast Dominant EMA).
- Confirmation Signals: RSI getting into oversold conditions and MACD crossing below the zero line (negative MACD)
- Stop Loss: Place a stop loss either at the closing price of the Slow Dominant EMA (EMA25) or beyond the resistance trendline.

Keep in mind these are general levels; the specific entry points may vary for your personal risk tolerance and trading strategy. Additionally, never invest more than you can afford to lose, and always do proper research and consider seeking advice from a financial professional before making any trading decisions.