Price: 0.0491 | EMA7: 0.05 | EMA25: 0.07 | RSI14: 40.7 | Resistance: 0.3476 | Support: 0.0415 | Average Volume: 452373672.58 | Volume Trend: Decreasing
Based on the technical analysis of RAREUSDT at 1w:
* The price is below EMA7 and EMA25, indicating a downtrend.
* RSI14 is around 40.7, suggesting a potential bounce or consolidation.
* MACD is negative, confirming the downtrend.
For Long position: Consider entry around 0.0415 (Support level) with a stop-loss below it. Alternatively, wait for a bounce to EMA7 (0.0533) and look for a pullback to enter.
For Short position: Consider entry around 0.0533 (EMA7) or 0.0697 (EMA25) with a stop-loss above the respective levels.
For Spot buy: The best entry price would be around 0.0415, as it is a strong support level.
Keep in mind that this analysis is based on a single timeframe and indicator set. Always use multiple sources and consider other factors before making a trading decision.