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📊 Analysis: QUICKUSDT (1d)

Price: 0.01869 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 36.8 | Resistance: 0.03677 | Support: 0.01773 | Average Volume: 57495862.4 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided technical analysis data for QUICKUSDT over a 1-day period, here is the interpretation and suggested action:

1. Best Long (Buy) Entry Price: Assessing the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Williams%R indicators, the asset appears oversold indicating a possible buying opportunity. Using the current Support level of 0.01773 and considering the positive trend in some of the indicators, we would suggest buying QUICKUSDT when the price drops below the Support level, going as low as 0.01773, but ideally within a pullback scenario.

2. Best Short (Sell) Entry Price: In a similar manner, analyzing the RSI, MACD, and Williams%R indicators, QUICKUSDT seems to have reached extreme overbought conditions. Given the recent downward momentum and negative trend, we suggest entering a short position when the price crosses above the Resistance level of 0.03677, or when the asset confirms a bearish candlestick pattern like a shooting star or a hammer on a decreasing volume trend.

However, it is crucial to keep an eye on the news and market sentiment, as trading cryptocurrencies is highly volatile. Also, always apply appropriate risk management strategies to limit potential losses and consider consulting with a financial advisor before taking any significant trading decisions.