Price: 0.0599 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 59.15 | Resistance: 0.0666 | Support: 0.0527 | Average Volume: 1151270.56 | Volume Trend: Increasing
Based on the provided 1-hour chart for NFPUSDT, we can assess the current technical indicators and identify potential entry points for buying or selling. I'll provide advice on both the best Long/Short entry prices and the best spot buy price for your reference.
Long Entry Price:
Considering the indicators, the best Long entry price would be when the price crosses above the EMA25 (support level: 0.0527) into areas near EMA7 (resistance level: 0.0666). You can also target Long entries when positive indicators such as RSI (above 50) and MACD (positive وقيم mathemat
Good News! The technical analysis supports a buy signal. Now, let's focus on the best spot buy price and the initial short term targets, considering the given information.
Best Spot Buy Price:
Given the increasing volume trend, favorable resistance at 0.0527 and medium-term support at the EMA25 (0.059358848045156), consider buying at or slightly above these levels. The ideal buy price would be when the price faces resistance at EMA25 and retreats before making another upward thrust.
In this case, the best spot buy price would be around the EMA25 at around 0.059358848045156 or slightly above. Ensure that the volume increase supports the buy decision on each attempt to enter the market after proper analysis and research.
Short-Term Targets:
After analyzing the given information and considering the levels mentioned, your initial short-term targets could be:
1. 0.0625 (beneath the short-term resistance around 0.0697, facing strong resistance around 0.0697)
2. 0.0717 (the upper Band of Bollinger Bands)
3. 0.0766 (the upper Resistance Level)
Keep in mind that the short-term targets may change as the market conditions evolve, so it is essential to stay updated and be ready to react to any potential changes. Additionally, the chosen target levels should be used as initial short-term goals; please do further research to refine your targets per the market situation.