🤖 AI Insight

Based on the 1-day technical analysis, here's a summary:

**Overall Trend**: The price is currently in a downtrend, indicated by the descending EMA25. However, the price is above the EMA7, suggesting a potential bounce.

**Buy/Sell Advice**:

- **Short**: A potential short entry could be considered with a stop-loss above $1.70 and a target of $1.06 (Support level). However, it's crucial to set a tight stop-loss given the recent decreasing volume trend.
- **Long**: A potential long entry could be considered when price closes above the EMA25 at $1.50 (target price). Use caution, as it is a riskier trade due to the downtrend.

**Buy Price**: Considering the recent price movement and support levels, a safe spot buy price would be around $1.35, below the previous support level and the EMA25.

**Long/Short Entry Prices**:
- **Short Entry**: $1.70 with a stop-loss of $1.72 and target of $1.06.
- **Long Entry**: $1.50 with a stop-loss of $1.45 and target of $2.19 (Resistance level).

**Risk Warning**: Trading is a high-risk activity, and technical analysis should not be used as the only basis for investment decisions. It's essential to set risk management strategies, including stop-loss orders and position sizing, before entering any trade.