Price: 12.382 | EMA7: 12.24 | EMA25: 12.04 | RSI14: 55.2 | Resistance: 18.68 | Support: 10.5 | Average Volume: 104220.58 | Volume Trend: Decreasing
Based on the provided technical analysis as of this moment (the analysis may change over time), here's my analysis:
Price: $12.382
EMA7: $12.239
EMA25: $12.036
RSI14: 55.197
MACD: $0.037
Resistance: $18.68
Support: $10.5
Average Volume: Approximately $104,221
Volume Trend: Decreasing
Risk management:
1. Long Entry - The best opportunity to go long appears to be when the price stabilizes near the support level at $10.5, with a higher probability when the volume trend turns upward. Consider using a stop-loss order below $9.2.
For a less risk-prone entry, wait for a crossover of the EMA7 and EMA25, which indicates a short-term bullish trend, and consider raising the entry price to match the recent higher lows near the current price of $12.382. In both cases, aim for the recent resistance resistance around $14.
2. Short Entry - A long-term bearish trend suggests a potential for shorting OGUSDT. A short entry can be considered when the price tests the resistance level at $18.68, with a stop-loss order above $22.5 for less risk. Alternatively, wait for a crossover of the EMA7 and EMA25 to short the coin, targeting the recent support near $10.5.
Advanced advice:
To stay updated with the latest price trends, you may want to refer to real-time or historical price data, as well as monitoring key support and resistance levels. Additionally, checking other technical indicators and fundamental analysis can help predict future trends and potential entry/exit points for trading decisions.