🤖 AI Insight

Based on the 1-week chart of ONDOUSDT, here's my technical analysis:

The current price (0.6743) is below both the EMA7 (0.78119344058037) and EMA25 (0.83985590658339), indicating a bearish trend. The RSI14 is not provided, but based on the current price action, I assume it's below 50, confirming the bearish sentiment.

The MACD (-0.024378639797649) is also in the negative territory, adding to the bearish bias.

Considering the support level at 0.6214, I recommend a Long entry at 0.63 (just above the support) with a stop-loss at 0.61.

For a Short entry, consider 0.71 (just below the recent swing high) with a stop-loss at 0.73.

As for a spot buy, I suggest waiting for a bullish reversal signal or a breakout above the recent high (around 0.71). If the price breaks out, you can consider a spot buy at 0.72.

Keep in mind that the decreasing volume trend may indicate a lack of conviction in the current price action, so it's essential to monitor the volume and adjust your strategy accordingly.