Price: 1.262 | EMA7: 1.25 | EMA25: 1.22 | RSI14: 56.78 | Resistance: 1.85 | Support: 1.034 | Average Volume: 561269.82 | Volume Trend: Decreasing
Based on the provided analysis, here are some recommendations:
1. Best Long Entry Price: When the price stabilizes above the EMA25 (currently around 1.2217569870463 USDT) and the RSI14 (currently around 56.781135270505) and MACD (currently around 0.013404810420606) indicators provide bullish signals, consider entering a long position.
2. Best Short Entry Price: If the price drops below the support level of 1.034 USDT, use this as an indication to enter a short position. A confirmation of the trend change can be derived from the RSI14 and MACD indicators.
Additionally, here is some advice on the best spot buy price:
3. Best Spot Buy Price: Wait for a breakout above the resistance level of 1.85 USDT. This level represents a significant barrier to price appreciation at the current analysis timeframe. Once the resistance is broken, consider purchasing RLC/USDT at or slightly above that value.