Price: 0.3278 | EMA7: 0.3 | EMA25: 0.29 | RSI14: 66.1 | Resistance: 0.553 | Support: 0.2131 | Average Volume: 30885870.38 | Volume Trend: Decreasing
Based on the 1-day chart of SANDUSDT, here is my technical analysis:
The price is currently above the EMA7 and EMA25, indicating a bullish trend. The RSI14 is in the overbought zone, which may suggest a potential correction. The MACD is positive, supporting the bullish trend.
Entry Advice:
* Long Entry: 0.3350 (above the recent high) with a stop-loss at 0.3150
* Short Entry: 0.3150 (below the recent low) with a stop-loss at 0.3350
* Spot Buy: 0.3300, with a stop-loss at 0.3150
Note: The resistance at 0.553 and support at 0.2131 can be used as targets and stops for long-term trades. However, be cautious of the decreasing volume trend, which may indicate a potential reversal.