← Back to Home

📊 Analysis: RVNUSDT (1d)

Price: 0.01323 | EMA7: 0.01 | EMA25: 0.02 | RSI14: 39.94 | Resistance: 0.02782 | Support: 0.00895 | Average Volume: 331083103.05 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1-day chart of RVNUSDT, I would advise a Long/Short strategy:

* Long entry: 0.014087102806891 (EMA7) as it has been acting as a support level.
* Long target: 0.015058880464107 (EMA25) for a 6.5% gain.
* Stop-loss: 0.0125 (below the recent low).

For Spot Buy:

* The price is trading below the RSI14 support level of 50, indicating oversold conditions.
* The MACD is in a sell mode, suggesting bearish momentum.
* However, the decreasing volume trend indicates a potential price bounce.
* My advice is to buy at 0.0122, considering the recent low and potential bounce.
* Stop-loss: 0.0105 (below the recent low).

Please note that this is just a technical analysis and prices may not reflect fundamental analysis. It's essential to diversify and manage risk when trading.