Price: 0.1148 | EMA7: 0.12 | EMA25: 0.12 | RSI14: 37.31 | Resistance: 0.1223 | Support: 0.1144 | Average Volume: 34273.38 | Volume Trend: Increasing
Based on the 15-minute technical analysis of ONTUSDT:
- The current price is 0.1148, slightly below EMA7 (0.1150), indicating a potential bearish trend.
- RSI14 is at 37.31, suggesting the asset is nearing oversold territory, potentially indicating a buying opportunity soon.
- MACD is negative, reinforcing the bearish sentiment.
**Advice:**
- **Long Entry:** Consider entering long around 0.1144 (support level) with a stop-loss below it.
- **Short Entry:** Consider shorting at 0.1157 (near EMA25) or upon a break below 0.1144 with a stop-loss above EMA25.
- **Spot Buy:** The best spot buy price would be around 0.1144 or slightly above if it bounces back from the current level, with a stronger confirmation if RSI14 drops further into oversold territory (below 30).
Keep an eye on the volume trend, as it's increasing, which could support a breakout or breakdown.