Price: 1723 | EMA7: 1714.71 | EMA25: 1724.1 | RSI14: 49.18 | Resistance: 1831 | Support: 1643 | Average Volume: 115.34 | Volume Trend: Decreasing
Based on the 15m chart, MKRUSDT is exhibiting a neutral trend. The EMA7 is below the EMA25, indicating a potential bearish crossover. RSI14 is near the midpoint, suggesting a lack of momentum. MACD is also in negative territory, further supporting the bearish bias.
Long/Short Entry Prices:
* Short: 1700 (break below EMA7 and previous support)
* Long: 1750 (break above EMA25 and resistance level)
Spot Buy Price:
* 1690 (looking for a potential bounce from support level)
Keep an eye on the volume trend, as decreasing volume may indicate a lack of conviction in the current price action. Be cautious of potential whipsaws and adjust your strategy accordingly.