Price: 3.493 | EMA7: 3.52 | EMA25: 3.37 | RSI14: 53.27 | Resistance: 4.117 | Support: 1.735 | Average Volume: 5072486.37 | Volume Trend: Decreasing
Based on the technical analysis of RAYUSDT at 1D:
**Trend:** The price is currently trading above the EMA25 (3.371) and EMA7 (3.515), indicating a slightly bullish trend.
**Indicators:**
* RSI14 (53.27) is neutral, not oversold or overbought.
* MACD (0.126) is positive, indicating a potential for upward momentum.
**Levels:**
* Resistance: 4.117, a significant level to watch for potential selling pressure.
* Support: 1.735, a key level for potential buying interest.
**Entry Prices:**
* **Long Entry:** Consider buying around 3.40 (EMA25) or 3.35 ( minor support) with a stop loss below 3.20. Target 3.60 - 3.80.
* **Short Entry:** Consider selling around 3.70 ( minor resistance) or 4.00 ( Resistance) with a stop loss above 4.20. Target 3.40 - 3.20.
**Spot Buy Price:** For a spot buy, consider accumulating around 3.35 - 3.40, which coincides with the EMA25 and minor support.
**Volume Trend:** Keep an eye on the decreasing volume trend, which may indicate a lack of conviction in the current price move. A increase in volume would be a positive sign for a sustained trend.