🤖 AI Insight

Based on the given technical analysis on PNUTUSDT (Please understand that I am unable to provide real-time analysis as it constantly changes in the crypto market.), here's my response:

Timeframe: 15 minutes (1H)

Trading View Data:
Price: $0.1259
EMA7: $0.12565423974655
EMA25: $0.12577791132854
RSI14: 50.868200170715
MACD: $-0.00023179137069648
Resistance: $0.1313 (short-term)
Support: $0.1241 (medium-term)
Average Volume: $350,000 (not a strong indicator)
Volume Trend: Decreasing

Advice on Long/Short Entry Prices:

Since the MACD has already turned bearish (negative values), a short position seems to be more favorable over a long position. If you opt for shorting PNUTUSDT, consider entering the market around the average resistance of $0.1313. On the other hand, if a long entry feels more suitable for you, wait for the RSI to move back into oversold territory (below 30) and MACD to cross into positive territory before entering long position. This could give you an advantage in capturing a potential bounce up from the current support level at $0.1241.

Best Spot Buy Price Advice:

Given the MACD and RSI suggesting bearish indications, consider waiting for PNUTUSDT to make a retracement or correct within the current downtrend before purchasing. A suitable spot buy price would ideally occur when the market corrects towards the support level of $0.1241 or near the EMA25 (approximately $0.1258). Additionally, prioritize conducting further research on the project and its prospects before making any investment decisions.