Price: 0.2117 | EMA7: 0.21 | EMA25: 0.22 | RSI14: 30.61 | Resistance: 0.2435 | Support: 0.2083 | Average Volume: 73531.82 | Volume Trend: Increasing
Based on the technical analysis of NILUSDT at 15m:
- The price is below EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 30.61, suggesting the asset is oversold, potentially nearing a reversal.
- MACD is negative, supporting the downtrend.
**Long Entry:** Consider a long entry around 0.2083 (support level) with a stop-loss below it. A more conservative entry could be after a confirmed reversal signal, such as RSI moving above 50 or MACD turning positive.
**Short Entry:** If the price bounces off the current levels and moves towards the resistance at 0.2435, consider a short entry near this resistance with a stop-loss above it.
**Spot Buy:** A good spot buy price could be around 0.2083, considering it's a strong support level. Alternatively, wait for a clearer reversal signal (e.g., RSI > 50) for a safer entry.
Please manage your risk with appropriate stop-loss levels.