🤖 AI Insight

After analyzing the SANTOSUSDT weekly chart, we can observe the following technical indicators:

1. Price: SANTOSUSDT is currently trading at $2.522.
2. EMA7 & EMA25: Both the 7-day Exponential Moving Average (EMA7) and the 25-day EMA have provided positive signals. However, it is essential to wait for these indicators to cross over the current price before considering a long position.
3. RSI14: The Relative Strength Index (RSI14) is currently at 44.03, indicating that the asset is neither overbought nor oversold.
4. MACD: The MACD (-0.2853) is showing a positive slope but lower than its signal line (-0.1130), indicating cautionary signals. Wait before considering a long position when both MACD and signal line move above zero simultaneously.
5. Resistance: The first potential resistance level is at $9.855.
6. Support: The first potential support level is at $2.038.
7. Average Volume: The average volume for SANTOSUSDT is $765,985,949.49.
8. Volume Trend: The volume trend indicates a decreasing pattern, suggesting lower trading activity and potential for a market shift.

My advice would be to wait for a potential entry point after confirming the following conditions:

1. Wait for the RSI14 to reach a level of oversold (20) or oversold (30) before considering a long position.
2. Cross over of EMA7 and EMA25 signals when both indicators are above the price, indicating a potential bullish trend.
3. Cross over of MACD and signal line values above zero, pointing to a bullish signal.

Once these conditions are met, you might consider buying SANTOSUSDT. As for the best selling signal, we would suggest waiting for the following conditions to be met:

1. Wait for the RSI14 to go above the oversold (70) value or above the overbought (80) value before considering a short position.
2. Cross over of EMA7 and EMA25 signals when both indicators are below the price, illustrating a potential bearish trend.
3. Cross over of MACD and signal line values below zero, marking a bearish signal.

After these conditions signal a bearish trend, it is recommended to sell SANTOSUSDT.

Considering the decreasing volume trend and potential market shift, the buying and selling decision should be made when these conditions align with the entry criteria mentioned above. Staying cautious and observing the market closely would be a wise approach before entering any trades on SANTOSUSDT.