Price: 0.1333 | EMA7: 0.14 | EMA25: 0.14 | RSI14: 43.83 | Resistance: 0.199 | Support: 0.1064 | Average Volume: 3626924.48 | Volume Trend: Decreasing
Based on the technical analysis provided, the current price of PIVXUSDT is around 0.1333 dollars. To determine the best entry points for a Long (bullish) or Short (bearish) position, let's analyze each indicator and their implications:
1. EMA 7: An صاعد EMA7 (0.137512) indicates a positive short-term trend. You could consider entering a Long position below this line.
2. EMA 25: A further upwards EMA 25 (0.141518) suggests an ongoing bullish trend. You might want to wait for a pullback below this line before considering entering a Long position.
3. RSI14: A neutral reading at 43.83 suggests the current market is neither overbought nor oversold. You may monitor the RSI for signs of overbought/oversold conditions before considering entering a Long position.
4. MACD: A bearish MACD reading (-0.002133) indicates weakness in the short-term momentum. Consider waiting for a bullish crossover before entering a Long position.
5. Resistance (0.199): An uptrend resistance level lies around 0.199 dollars. Wait for a breakout or a pullback below this level before attempting a Long position.
6. Support (0.1064): A downtrend support level is found around 0.1064 dollars. You may want to enter a Short position if the price breaks this support level.
7. Average Volume: An increasing average volume (362,692) indicates growing market participation and interest. Consider the price action and indicators we have discussed above, in addition to volume spike during breaks or pullbacks, before making a trading decision.
8. Volume Trend: A decreasing volume trend suggests أضعف buying pressure, which may warrant caution in making a trading decision - volume should come in strong during an entry signal.
Overall, wait for at least a confirmed Long signal from the indicators (EMA, RSI, and MACD) before considering entering a Long position above the current support level (0.1064). Ensure any entry is preceded by a pullback or break below resistance levels first. Aggregate this with volume trend and the 0.1064 support area before initiating a trade.
For entering a Short position, wait for the price to break (lower low) the current support level (0.1064) before initiating the trade, combined with a clear Long signal on the mentioned indicators (EMA, RSI, and MACD) pointing below 0.0 (bearish). Monitor the overall market sentiment and prevailing trend during day trading to optimize your decision-making.