Price: 0.1025 | EMA7: 0.1 | EMA25: 0.1 | RSI14: 38.92 | Resistance: 0.1132 | Support: 0.0979 | Average Volume: 205511.06 | Volume Trend: Decreasing
For NTRNUSDT on the 1-hour chart:
- The current price is 0.1025, below both EMA7 (0.1032) and EMA25 (0.1048), indicating a downtrend.
- RSI14 is at 38.92, suggesting the asset is approaching oversold territory, potentially nearing a reversal point.
- MACD is negative, reinforcing the bearish sentiment.
**Advice:**
- **Long Entry:** Consider entering long around 0.0979 (support level) if the price bounces back from this level. A stop-loss below this level is recommended.
- **Short Entry:** A break below 0.0979 could signal further decline; consider shorting with a stop-loss above 0.1032 or wait for a pullback to EMA7/EMA25 as resistance.
- **Spot Buy:** The best spot buy price would be around 0.0979 if it reaches there and shows signs of reversal, or upon a clear bounce-back from the support with a confirmed increase in volume.
Keep an eye on volume; a decreasing volume trend during downtrend could indicate a potential reversal when volume starts to pick up on a bounce.