Price: 0.01386 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 27.87 | Resistance: 0.01614 | Support: 0.01366 | Average Volume: 1664790.92 | Volume Trend: Increasing
For RDNTUSDT at 1h:
- The price is below EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 27.87, suggesting the asset is oversold, potentially due for a bounce.
- MACD is negative, confirming the downtrend.
**Long Entry:** Consider a long position around the support level of 0.01366 or slightly below if it breaks, with a stop loss below that. A cautious entry could be at 0.0137, with a target towards 0.0144 (EMA7) or higher if momentum builds.
**Short Entry:** For a short position, consider the resistance at 0.01614 or a break above EMA7 at 0.0144 with confirmation, as a potential entry point. A more conservative entry could be at 0.0148 (EMA25), with a stop loss above 0.01614.
**Spot Buy:** A good spot buy price could be around 0.0136 to 0.0137, given it's near the support and RSI suggests oversold conditions. Set a stop loss below 0.0135 to limit potential downside.