← Back to Home

📊 Analysis: QNTUSDT (1d)

Price: 95.99 | EMA7: 100.53 | EMA25: 105.05 | RSI14: 38.06 | Resistance: 125.56 | Support: 58.6 | Average Volume: 30681.35 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1-day technical analysis of QNTUSDT, here's the analysis:

- The price of 95.99 is above the EMA7 (100.53) and below the EMA25 (105.05). This indicates a bearish trend.
- The RSI14 of 38.05 suggests that the asset is oversold.
- The MACD value of -1.49 indicates a bearish signal.
- The decreasing volume trend with an average volume of 30,681.35 is a bearish sign.

Advice:
- Long/Short Entry Price: Long entry at 95.99 or below when the asset breaks below the EMA7 and EMA25 convergence. Short entry at 100.53 when the asset breaks above the EMA7.
- Best spot buy price: Wait for a bullish engulfing candle or a hammer pattern to form near the support level of 58.6, indicating a potential reversal.

However, keep in mind that this analysis is based on a single time frame. It's essential to consider additional time frames and indicators before making a trade.