🤖 AI Insight

Based on the analysis provided for NEXOUSDT on a 1-hour timeframe, I can offer some insights and recommendation on entry points:

1. Best Long Entry Price: Wait for a Bullish signal from the moving averages (EMA) crossover or a sustained movement above the resistance level of 1.157. Additionally, a pullback should occur to a support level in the range of 1.097 before entering a long position.

2. Best Short Entry Price: Look for a Bearish signal from the moving averages (EMA) crossover or a sustained movement below the support level of 1.097. Wait for a push above this level to confirm a potential bearish trend and initiate short positions.

Here are the details for Best Long and Short Entry Price:

Long Entry Price: 1.097 (Support level)
Short Entry Price: 1.157 (Resistance level)

Due to the decreasing volume trend observed, be cautious when entering positions and consider waiting for a solid breakout or reversal pattern to confirm further entry points. Keep an eye on the RSI, MACD, and volume trend to make a well-informed decision. Monitor further movements and wait for proper trigger points before investing your money.