Price: 0.01682 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 44.07 | Resistance: 0.0319 | Support: 0.01331 | Average Volume: 91344927.9 | Volume Trend: Decreasing
Based on the technical analysis of REIUSDT at 1d:
* The current price is 0.01682, below both EMA7 (0.01711) and EMA25 (0.01777), indicating a downtrend.
* RSI14 is at 44.07, suggesting the asset is not oversold yet, but getting closer to the oversold territory.
* MACD is negative, confirming the downtrend.
For Long position:
- Best entry price could be around the support level of 0.01331, if it reaches there.
- Alternatively, a break above EMA7 (0.01711) and then EMA25 (0.01777) could be a good long entry signal, with a target towards the resistance at 0.0319.
For Short position:
- The current downtrend suggests a short entry could be considered near the EMA7 or EMA25, around 0.01711 or 0.01777, with a stop loss above the recent highs, targeting the support at 0.01331.
For Spot Buy:
- The best spot buy price would be around the support level of 0.01331, considering it as a potential accumulation zone.
Keep in mind that these levels are subject to change and might not be reached. Always set stop losses.