Price: 0.2315 | EMA7: 0.25 | EMA25: 0.42 | RSI14: 31.11 | Resistance: 2.5 | Support: 0.1047 | Average Volume: 1867277592.14 | Volume Trend: Decreasing
Based on the 1-week technical analysis of PNUTUSDT:
- The RSI14 (31.11) is in oversold territory, indicating a potential buy opportunity.
- The MACD (-0.1656) is below the zero line, suggesting a bearish trend, but a potential bullish crossover could occur.
- Price (0.2315) is below both EMA7 (0.2542) and EMA25 (0.4157), indicating a bearish trend.
Advice:
- Long entry: 0.2000 - 0.2200, considering the oversold RSI and potential bullish reversal.
- Short entry: Avoid shorting as RSI is oversold.
- Spot buy: 0.2200, with a stop loss below 0.2000, targeting a breakout above EMA7 (0.2542).