Price: 0.00812 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 34.33 | Resistance: 0.00924 | Support: 0.00794 | Average Volume: 8926004.3 | Volume Trend: Increasing
For REZUSDT at 1h:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 40, suggesting the asset is potentially oversold, which could lead to a bounce back.
- MACD is negative, reinforcing the downtrend.
**Advice:**
- **Long Entry:** Consider entering long around the support level of 0.00794. A break below this could signal further decline, so a stop-loss should be considered.
- **Short Entry:** If the price bounces back towards the resistance at 0.00924, it could be a good short entry, anticipating a pullback.
- **Spot Buy:** A more conservative spot buy could be near the support level of 0.00794, or slightly above if there's a clear sign of reversal (e.g., bullish candlestick patterns or RSI divergence).
Keep an eye on the increasing volume, which could indicate a potential breakout or significant move in the direction of the trend.