Price: 0.1742 | EMA7: 0.17 | EMA25: 0.15 | RSI14: 62.81 | Resistance: 0.2692 | Support: 0.1037 | Average Volume: 4308797.22 | Volume Trend: Decreasing
Based on the 1-day chart of PIVXUSDT, here's my analysis:
**Overall Trend:** Bearish
**Opportunity:** Long/Short Entry
**Best Long Entry:** Below EMA25 (0.1546) for a potential up-move towards the 0.1742 level, with a stop-loss below the support (0.1037).
**Best Short Entry:** Above the EMA7 (0.1678) for a potential down-move towards the support (0.1037) level, with a stop-loss above the resistance (0.2692).
**Spot Buy:** Not recommended due to the decreasing volume trend and bearish momentum. However, if you still want to buy, look for a clear breakout above the resistance (0.2692) with a confirmation signal from RSI or MACD.
Please note that these suggestions are based on technical analysis and should be used in conjunction with your own research and risk management strategies.