Price: 1.637 | EMA7: 1.64 | EMA25: 1.65 | RSI14: 43.28 | Resistance: 1.855 | Support: 1.568 | Average Volume: 70589.79 | Volume Trend: Decreasing
Based on the given technical analysis of RAYUSDT at 1h:
- The price is slightly above EMA7, indicating a potential short-term bullish trend, but below EMA25, suggesting a longer-term bearish trend.
- RSI14 is below 50, leaning towards a bearish sentiment.
- MACD is negative, supporting the bearish sentiment.
**Advice:**
- **Long Entry:** Consider going long if the price breaks above EMA25 (1.651) with a stop loss below EMA7 (1.636). A safer entry would be above the resistance level (1.855) with a stop loss below 1.651.
- **Short Entry:** Consider going short if the price drops below EMA7 (1.636) with a stop loss above EMA25 (1.651). A more aggressive entry could be at the current price with a tight stop loss above 1.637, targeting the support level (1.568).
- **Spot Buy:** The best spot buy price would be around the support level (1.568) if it reaches there, or just above EMA25 (1.651) if it breaks through, confirming a stronger bullish reversal.
Keep in mind that technical analysis is not a certainty, and risk management strategies should always be employed.