← Back to Home

📊 Analysis: QIUSDT (1h)

Price: 0.00487 | EMA7: 0 | EMA25: 0 | RSI14: 43.28 | Resistance: 0.00542 | Support: 0.0046 | Average Volume: 1783121.33 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1h analysis of QIUSDT:

- The price is currently at 0.00487, slightly above EMA7 (0.00485), indicating a potential bullish trend in the short term but still below EMA25 (0.00491), suggesting overall bearish sentiment.

- RSI14 at 43.28 is nearing oversold territory but hasn't reached it yet, giving room for potential downward movement before a bounce.

- MACD is negative, reinforcing the bearish sentiment.

- The nearest resistance is at 0.00542, and support is at 0.0046.

**Advice:**

- **Long Entry:** Consider entering long around 0.0047-0.0046, as it's near the support level and potentially oversold on RSI. Set a stop-loss below 0.0046.

- **Short Entry:** A short position could be considered around 0.0050-0.0051 if the price bounces off the current levels and starts to move towards the resistance, failing to break above EMA25. Set a stop-loss above 0.0052.

- **Spot Buy:** The best spot buy price would be around 0.0046, as it aligns with the support level and could provide a good risk-reward ratio.

Keep in mind that technical analysis is not 100% reliable, and market conditions can change rapidly. Always use proper risk management.