Price: 0.02303 | EMA7: 0.03 | EMA25: 0.04 | RSI14: 38.08 | Resistance: 0.185 | Support: 0.0192 | Average Volume: 747089473.9 | Volume Trend: Decreasing
Based on the technical analysis of ROSEUSDT at 1w:
- The price (0.02303) is below both EMA7 (0.025997) and EMA25 (0.037778), indicating a downtrend.
- RSI14 (38.081) is nearing oversold territory, suggesting a potential reversal.
- MACD (-0.009915) is negative, confirming the downtrend.
**Advice:**
- **Long Entry:** Consider going long around the support level of 0.0192, with a stop loss below it.
- **Best Long Entry Price:** 0.0195 (slightly above support for a safer entry).
- **Short Entry:** Avoid shorting now as the RSI is near oversold. If the price bounces back, consider shorting near the EMA7 or EMA25.
- **Best Short Entry Price:** 0.025 (near EMA7 for a reversal confirmation).
- **Best Spot Buy Price:** 0.0192 (at support level).
Keep in mind that these are technical analysis suggestions and the cryptocurrency market can be highly unpredictable. Always use proper risk management.