Price: 0.339 | EMA7: 0.34 | EMA25: 0.34 | RSI14: 32.48 | Resistance: 0.349 | Support: 0.337 | Average Volume: 15964.51 | Volume Trend: Decreasing
SCRUSDT: Bullish signal!
As the price is trading below the EMA25, a potential Long entry point could be around $0.338, around 5-10 pips before the EMA7. This would allow you to catch the potential upwards momentum.
For a Short entry, consider waiting for a break above the resistance at $0.349, and then enter a short position.
Based on the RSI, the asset is oversold, indicating a potential bounce upwards. If the price breaks above the resistance, it could be a good spot to buy. I would recommend a spot buy around $0.348, 1-5 pips after the break.
Keep an eye on the decreasing volume, as it might indicate a lack of conviction in the current trend.
Recommendations:
* Long entry: $0.338
* Short entry: Break above $0.349
* Spot buy: $0.348 (after a potential break above $0.349)