Price: 0.1935 | EMA7: 0.18 | EMA25: 0.2 | RSI14: 47.63 | Resistance: 1.21 | Support: 0.1189 | Average Volume: 122385555.99 | Volume Trend: Decreasing
Based on the 1-week chart of POWRUSDT, here's my analysis:
* The short-term EMA7 is oversold, while the long-term EMA25 is overbought, indicating a potential reversal.
* The RSI14 is at 47.62, which is neutral and not overly bullish or bearish.
* The MACD is negative, but the distance between the two lines is decreasing, suggesting a potential narrowing of the gap.
* The resistance level is at 1.21, while the support level is at 0.1189.
Based on these indicators, my advice is:
* Long/Short entry price: 0.1650 (around 15% below the current price) to capture a potential upside bounce.
* Best spot buy price: 0.14 (around 28% below the current price) to ride a potential upswing.
Please note that these are general recommendations and may not be suitable for your individual trading setup or risk tolerance. Always use proper risk management and consider multiple timeframes before making a trade.