Price: 1.001 | EMA7: 1.03 | EMA25: 1.04 | RSI14: 48.28 | Resistance: 3.55 | Support: 0.695 | Average Volume: 5932922.44 | Volume Trend: Decreasing
Based on the 1-week technical analysis of PORTOUSDT:
**Trend:** The price is currently below both EMA7 (1.027) and EMA25 (1.037), indicating a short-term downtrend.
**Indicators:**
* RSI14 (48.28) is neutral, not oversold or overbought.
* MACD (-0.046) is bearish.
**Support and Resistance:**
* Support: 0.695 (strong)
* Resistance: 3.55 (strong)
**Volume:**
* Average Volume: 5,932,922.44
* Volume Trend: Decreasing, which may indicate lack of interest in the market.
**Entry Prices:**
* **Short Entry:** Consider shorting around 1.027 (EMA7) or 1.037 (EMA25) with a stop loss above 1.05 (recent swing high).
* **Long Entry:** Consider buying around 0.9 or 0.85 ( Fibonacci level or minor support) with a stop loss below 0.695 (strong support).
**Spot Buy Price:**
For a spot buy, consider accumulating around 0.8-0.85, which may offer a better risk-reward ratio.
**Disclaimer:** Technical analysis is subject to interpretation and may not always be accurate. Always do your own research and consider multiple sources before making trading decisions.