Price: 5.213 | EMA7: 5.73 | EMA25: 7.1 | RSI14: 40.57 | Resistance: 44 | Support: 3.596 | Average Volume: 3359985 | Volume Trend: Decreasing
Based on the 1-week chart of MOVRUSDT, here's my technical analysis:
**Bullish Signal:** RSI14 is at 40.567, indicating a potential oversold region.
**Bearish Signal:** MACD is at -1.120215, indicating a strong downward momentum.
**Long/Short Entry Prices:**
* Long: Wait for a break above EMA7 (5.726) with a stop-loss at the recent low (3.596).
* Short: Consider shorting at the current price (5.213) with a target at the support level (3.596) and a stop-loss at EMA25 (7.0988).
**Spot Buy Price:** If you're looking to buy, consider entering at 4.8, which is near the support level, with a stop-loss at 4.5.
Keep in mind that this is a high-risk trade due to the decreasing volume trend. Be cautious and adjust your position size accordingly.