Price: 0.506 | EMA7: 0.55 | EMA25: 0.8 | RSI14: 38.94 | Resistance: 4.149 | Support: 0.326 | Average Volume: 31700093.73 | Volume Trend: Decreasing
Based on the 1-week technical analysis of PHBUSDT, here's my analysis:
**Bullish Expectation**: Despite the decreasing volume trend, the RSI14 (38.94) suggests the asset is oversold, making it a potential buy candidate.
**Long/Short Entry Prices**:
* Long entry: Consider buying around $0.432 ($0.506 - 1% fibonacci level) or $0.425 ($0.506 - 2% fibonacci level), as these prices are close to the support level of $0.326, with a potential take-profit target around $0.547 (blue EMA7).
* Short entry: Avoid selling in the near term, as the RSI14 is oversold and the asset may bounce back. If you still want to short, consider doing so around $0.547 (blue EMA7), with a potential take-profit target around $0.326 (support level).
**Best Spot Buy Price**: Based on the resistance level of $4.149, the best spot buy price could be around $3.25 (67% of the resistance level), as this would provide a comfortable margin for a potential upward move.
Please keep in mind that this analysis is based on the provided data and should be used as a general guideline. It's essential to use your own judgment and adjust this analysis based on your individual trading strategy and market conditions.