Price: 0.387 | EMA7: 0.44 | EMA25: 0.49 | RSI14: 36.3 | Resistance: 1.04 | Support: 0.1 | Average Volume: 5101381.09 | Volume Trend: Decreasing
Based on the 1-day technical analysis of PHBUSDT, the current trend is bearish. Here's a brief analysis:
- **RSI:** 36.3 indicates the stock is oversold, but not severely.
- **MACD:** Negative (-0.0228) indicates a bearish trend.
- **EMA7 and EMA25:** Show a bearish crossover, indicating the downward trend.
- **Volume:** Decreasing, which might imply a weakening downtrend.
**Advice:**
1. **Long/Short Entry:** Given the bearish trend, consider selling short. However, due to the oversold RSI, wait for a pullback and a bounce back towards the support levels around 0.1 to 0.2. This would be a more optimal entry point with a potential lower limit of -0.025 below the current price for a short entry.
2. **Spot Buy:** Due to the bearish trend and decreasing volume, I would not recommend a buy now. Consider waiting for the price to recover and retest the resistance levels or look for bullish divergence signs before entering a long position.
**Long/Short Entry Prices:** Consider entry prices at:
- Buy Long: Around 0.3-0.2 for a potential bounce.
- Sell Short: After a pullback around 0.25-0.2, or -0.025 below the current price.
Please note that this is a technical analysis based on one-day data and may not account for fundamental or long-term trends. Trading decisions should consider multiple sources and your personal risk tolerance.