Price: 0.006597 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 45.41 | Resistance: 0.027001 | Support: 0.001603 | Average Volume: 10301533359.26 | Volume Trend: Decreasing
Based on the 1-week chart, RSRUSDT is bearish:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 45.41, not oversold, but slightly bearish.
- MACD is negative, confirming the bearish trend.
- Volume Trend is decreasing, which could indicate a lack of interest in the asset.
Advice:
* Short entry: 0.0063 (just below the current price) with a target of 0.0055 (around the support level).
* Long entry: Not recommended at this time, as the trend is bearish.
* Spot buy price: Avoid buying at this price. Wait for a breakout above EMA25 (0.007788) or a pullback to the support level (0.001603) before considering a long position.
Keep in mind that this is a brief analysis, and it's essential to consider other factors and longer-term charts before making any trading decisions.