← Back to Home

📊 Analysis: SKYUSDT (15m)

Price: 0.07543 | EMA7: 0.08 | EMA25: 0.08 | RSI14: 36.85 | Resistance: 0.095 | Support: 0.07222 | Average Volume: 6090606.84 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 15m technical analysis of SKYUSDT:

- The current price is 0.07543, below both EMA7 (0.07573) and EMA25 (0.07623), indicating a downtrend.
- RSI14 is at 36.85, suggesting the asset is approaching oversold territory, potentially nearing a reversal point.
- MACD is negative, reinforcing the bearish momentum.

**Long Entry Advice:**
For a long position, consider waiting for a bounce-back signal. A potential entry could be around 0.07222 (support level) if it reaches there, or after a confirmed reversal signal (e.g., RSI moving out of oversold territory, bullish crossover on MACD). A reasonable long entry could be at 0.07350 (a minor level above support, assuming it doesn't break further).

**Short Entry Advice:**
For a short position, consider entering around 0.07650 (near EMA7/EMA25), or after a bounce off the current downtrend, potentially towards the resistance level at 0.08 or 0.095 if it reaches there.

**Spot Buy Price:**
The best spot buy price would be around 0.07222, the current support level, if the price descends to it. Alternatively, a safer entry might be after a clear reversal signal, potentially around 0.074 if the indicators start to show a bullish trend reversal.

Keep in mind, technical analysis is not foolproof, and external factors can influence price. Always manage risk.