🤖 AI Insight

Based on the 1h technical analysis of SHELLUSDT:

- The price (0.1196) is below both EMA7 (0.1211) and EMA25 (0.1226), indicating a downtrend.
- RSI14 (35.16) is below 40, suggesting the asset is potentially oversold, which could be a sign of a potential reversal or stabilization.
- MACD (-0.000958) is negative, confirming the downtrend.

**Advice:**
- **Long Entry:** Consider entering long around 0.1192 (support level) with a stop loss below it. A break above EMA7 (0.1211) could be a confirmation for a longer position.
- **Short Entry:** If the price bounces off the current levels and hits resistance or EMA7/EMA25, consider shorting around 0.1211 with a stop loss above 0.1226. Alternatively, a break below 0.1192 could signal further downside.
- **Spot Buy:** The best spot buy price would be around 0.1192, as it is a strong support level. However, wait for a clear sign of reversal (e.g., a green candle closing above the open or a bullish engulfing pattern) before buying.

Keep in mind that technical analysis is not foolproof and should be combined with fundamental analysis and risk management strategies.