Price: 0.02311 | EMA7: 0.02 | EMA25: 0.03 | RSI14: 42.22 | Resistance: 0.04424 | Support: 0.0192 | Average Volume: 111716797.17 | Volume Trend: Decreasing
For ROSEUSDT at 1d:
- The price is currently at 0.02311, below both EMA7 (0.024016843481554) and EMA25 (0.025208839957477), indicating a downtrend.
- RSI14 is at 42.223868596937, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative, reinforcing the downtrend indication.
**Advice:**
- **Long Entry:** Consider entering long when the price breaks above EMA7 (0.024016843481554) with strong volume, ideally above EMA25 (0.025208839957477). A safe entry could be around 0.0255, targeting a move towards resistance at 0.04424.
- **Short Entry:** If the downtrend continues, a short entry could be considered near resistance or if the price fails to break above EMA7/EMA25. A short could be around 0.024 or lower, targeting support at 0.0192.
- **Spot Buy:** A good spot buy price could be around 0.0192 (support level) or if there's a significant bounce from current levels with a strong reversal pattern. However, given the current downtrend, consider waiting for a clearer reversal signal.
Keep an eye on volume; a decreasing volume trend with a price drop might indicate a weakening downtrend. Monitor RSI for oversold conditions (RSI < 30) as a potential buy signal.