Price: 0.6556 | EMA7: 0.66 | EMA25: 0.67 | RSI14: 29.12 | Resistance: 0.7093 | Support: 0.6451 | Average Volume: 146273.02 | Volume Trend: Decreasing
Based on the 15m technical analysis of ONDOUSDT, here's a brief analysis:
The RSI14 is at 29.12, indicating the asset is oversold, potentially a buying opportunity. The MACD is negative, suggesting a bearish trend. The price is below EMA7 and EMA25, confirming the downtrend.
**Best Long Entry Price:** 0.6451 (support level) or a break above 0.6620 (conservative entry after a potential bounce).
**Best Short Entry Price:** 0.6700 or higher, near the EMA25, if the downtrend continues.
**Best Spot Buy Price:** 0.6451, the current support level, with a stop loss below this level to mitigate risk.
Keep in mind that this analysis is based on a single timeframe and indicator set. Always consider multiple timeframes and risk management strategies before making trading decisions. The decreasing volume trend may indicate a lack of conviction in the current trend, so be cautious.