🤖 AI Insight

Based on the provided technical analysis for PERPUSDT (Perpetuities of USDT) over the past 15 minutes, we can derive the following insights:

Price: 0.3303
EMA7: 0.32905116791649
EMA25: 0.33153128595199
RSI14: 47.2564249827
MACD: -0.0018179421037096
Resistance: 0.346
Support: 0.3144
Average Volume: 146990.2075
Volume Trend: Decreasing

Investment approach:

1. Long Entry: Determine the entry point based on your risk-tolerance and trading strategy. If you choose to go long, aim for a entry below the EMA25 and above the support level of 0.3144, while still benefiting from the upward trend indicated by the RSI and MACD. Given the decreasing volume trend, you may want to consider waiting for a potential crossover of the MACD line above the zero-line to confirm a buy signal.

Spot buy price: You can purchase PERPUDPT at a price below the EMA25 (0.33153128595199) and consider the support level of 0.3144 to serve as the entry point. This would involve buying around 0.3226, ensuring you are in line with MACD and RSI positive signals and with a decreased volume trend.

2. Short Entry: If your strategy is bearish, aim for a long-term trend reversal or a break below the support area. Given the presence of a potential bullish crossover between MACD and RSI, short entry might be challenging here at the current moment. To enter a Short trade, wait for a clear break below 0.3144 and potentially the EMA25 level (0.33153128595199) to initiate a trade.

Attention to Timeframes: Carefully consider using different charts based on your timeframe trade plan as bullish signs can be short-term anomalies, especially with the decreasing volume trend. A recommended double confirmation timeframe to investigate would be the 4-hour or daily chart.

Conclusion:

Best spots for both Long Entry and Short Entry take into account the EMA25 and 0.3144 or EMA25 and 0.33153128595199 for Long Entry. In my view, waiting for extra indicators to confirm these levels may be beneficial due to the decreased volume trend. Ensure to check higher timeframes, specifically the 4-hour or daily charts for potential indicators suggesting bullish or bearish divergences in order to secure proper entry positions.