🤖 AI Insight

Based on the provided 1-day technical analysis chart for MOVRUSDT, here's my interpretation and recommended action:

1. Entry Strategies:
- Best Short Entry Price: Above the recent peak near the peak of the previous day (e.g., take profits and close the short position as the price surpasses the highest point of the current day).
- Best Long Entry Price: Below the last significant support level, which in this case is around 4.223. Place a stop-loss order slightly above this level, and wait for a bullish sign or confirmed breakout before entering the long position.

2. Recommended Spot Buy Price: Use the support level mentioned (4.223) as your entry price for long positions, placing a stop-loss below this level, and waiting for a bullish confirmation or a support breakout before initiating the trade.

Please remember that the accuracy of technical analysis depends on several factors, including market stability, potential news events, and the overall technical trend of the asset. Always diversify your portfolio and perform thorough research before making any investment decisions.