← Back to Home

📊 Analysis: SCRUSDT (1d)

Price: 0.244 | EMA7: 0.25 | EMA25: 0.28 | RSI14: 36.54 | Resistance: 0.462 | Support: 0.207 | Average Volume: 7998291.6 | Volume Trend: Decreasing

🤖 AI Insight

Given the technical analysis of SCRUSDT on a 1-day chart, here's my assessment:

**Overall Trend:** The EMA7 is above the price (0.244), indicating a weak bullish trend. However, the EMA25 is above EMA7, showing a dominant bearish trend.

**Momentum:** The RSI14 is below 50 (36.54), indicating oversold conditions and potential buying opportunities.

**Stochastic Oscillators:** The MACD is negative (-0.0194), indicating a bearish momentum.

**Volatility:** The volume trend is decreasing, indicating a lack of buying and selling pressure.

**Entry Prices:**

- **Long:** I would recommend entering a long position when the price breaks above the EMA25 (0.27897418693819). This entry can also be considered when the MACD crosses above the zero line, as a golden cross. For a long position, I would use a stop-loss around 0.227, and a take-profit target of 0.3.
- **Short:** I would recommend selling when the price breaks below EMA7 (0.2519601586136), as a short sale. Alternatively, wait for the MACD to cross below the zero line as a death cross. For a short position, consider setting a stop-loss at 0.258 and a take-profit target of 0.18.

**Spot Buy Price:** I would not recommend buying spot with the current conditions. However, if you must, use a stop-loss around 0.23, considering the support levels.

**Disclaimer:** Please note that technical analysis is subjective, and these recommendations are based on my analysis. It's essential to consider multiple analysis tools and perform your own research before making any trading decisions.