Price: 7.04 | EMA7: 7.34 | EMA25: 7.98 | RSI14: 40.54 | Resistance: 11.99 | Support: 4.26 | Average Volume: 483488.46 | Volume Trend: Decreasing
Based on the 1D technical analysis of SSVUSDT:
- EMA7 and EMA25 are above the price, indicating a bearish trend.
- RSI14 (40.54) suggests the asset is not oversold, but nearing a potential buying zone.
- MACD (-0.49) is negative, confirming the bearish trend.
- Advice:
- Short entry: around 7.50 (near EMA7) with a stop loss above EMA25.
- Long entry: around 6.00 (considering support and potential bounce zone) with a stop loss below 4.26 (support level).
- Spot buy: 6.50 or lower, considering the RSI and potential for a bounce.
Monitor volume and trend for confirmation.