Price: 0.01981 | EMA7: 0.02 | EMA25: 0.04 | RSI14: 36.52 | Resistance: 0.35515 | Support: 0.01664 | Average Volume: 545822819.07 | Volume Trend: Increasing
Based on the technical analysis provided for the REIUSDT (Rakuten E-YEN) on a one-week chart, I can offer some insights on potential entry points:
1. Long Entry Price Strategy:
- You can enter a long position (buy) when the price crosses above the EMA25 (currently around 0.01998) and holds above it for a couple of candles.
2. Short Entry Price Strategy:
- If you prefer to short (sell) the coin, wait for the price to break below the support level of 0.01664 and holds below it for a while.
3. Spot Buy Price Recommendation:
- The current sell-off might create an entry opportunity below the recent support area around 0.01664. However, wait for a consolidation or a dip to a better support level before initiating a long position.
Remember that these analyses are subject to market dynamics and changes. Always consult multiple sources and your own research before making trading decisions. Good luck with your investments!