Price: 0.0337 | EMA7: 0.04 | EMA25: 0.05 | RSI14: 34.74 | Resistance: 0.3476 | Support: 0.0081 | Average Volume: 495582897.68 | Volume Trend: Decreasing
For RAREUSDT at 1w:
- The current price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 40, suggesting the asset might be oversold and nearing a potential reversal.
- MACD is negative, further indicating a bearish trend.
**Advice:**
1. **Long Entry:** Consider entering long around 0.025-0.028 if the price bounces back from the current levels or shows signs of reversal, with a stop loss below 0.020.
2. **Short Entry:** If the downtrend continues, a short entry could be considered around 0.035-0.038 with a stop loss above 0.045, targeting 0.020.
3. **Spot Buy:** A good spot buy price could be around 0.020-0.023, considering the current downtrend and potential oversold condition.
Keep an eye on volume and RSI for signs of reversal. Resistance at 0.3476 is far; the immediate concern is the continuation of the downtrend towards the support at 0.0081.