🤖 AI Insight

Based on the technical analysis of NEXOUSDT at 1D:

**Trend:** The price is currently below both EMA7 (1.2537) and EMA25 (1.2884), indicating a short-term downtrend.

**Momentum:** RSI14 (39.24) is in the oversold territory, but not extremely oversold. MACD (-0.0204) is negative, confirming the downtrend.

**Levels:**

* **Resistance:** 1.398 (a significant level to watch for a potential reversal)
* **Support:** 1.073 (a key level to watch for a potential bounce)

**Entry Prices:**

* **Short Entry:** Consider shorting around 1.230-1.250 (close to EMA7 and a potential retest of the broken support), with a stop loss above 1.260.
* **Long Entry:** Consider buying around 1.100-1.120 (a potential bounce from the support level), with a stop loss below 1.070.

**Spot Buy Price:** If you're looking to buy at a spot price, consider 1.100-1.120, which is closer to the support level and offers a relatively better risk-reward.

**Volume Trend:** The decreasing volume trend suggests that the selling pressure might be weakening. Keep an eye on the volume trend to confirm any potential reversal.

Keep in mind that this is a technical analysis and not a trading recommendation. Always do your own research, set proper risk management, and trade responsibly.