Price: 0.1667 | EMA7: 0.15 | EMA25: 0.18 | RSI14: 47.27 | Resistance: 0.5199 | Support: 0.1099 | Average Volume: 90378532.29 | Volume Trend: Decreasing
Based on the technical analysis of ONTUSDT at 1w:
- The price is currently at 0.1667, above EMA7 (0.1516) but below EMA25 (0.1775), indicating a potential struggle to gain upward momentum.
- RSI14 is at 47.27, suggesting the asset is nearing a potential buying zone but hasn't reached oversold territory.
- MACD is negative (-0.0204), indicating a bearish trend.
**Long Entry Advice**: A long entry could be considered if the price breaks above EMA25 (0.1775) with increasing volume, aiming for a target near the resistance at 0.5199. A more conservative entry could be at a pullback towards EMA7 (0.1516) if it holds as support.
**Short Entry Advice**: For a short position, consider entry if the price breaks below EMA7 (0.1516) with increasing volume, targeting the support at 0.1099.
**Spot Buy Price**: A good spot buy price could be around 0.1516 (EMA7) or lower if it pulls back, with a stop loss below 0.1099 (support).
Keep an eye on volume trends and other indicators for confirmation.