Price: 0.1237 | EMA7: 0.12 | EMA25: 0.12 | RSI14: 33.41 | Resistance: 0.1305 | Support: 0.1224 | Average Volume: 44926.11 | Volume Trend: Decreasing
Based on the 15-minute technical analysis of STEEMUSDT:
* Price: 0.1237
* Trends:
- EMA7 is above EMA25, indicating a short-term bullish trend.
- MACD is negative, suggesting a bearish momentum.
* RSI: 33.4108, which is below 50, indicating an oversold condition.
* Current Support and Resistance are 0.1224 and 0.1305 respectively.
Short-term Long/Short entry advice:
- Long entry: 0.1235 with a target resistance 0.1305. Stop-loss at 0.1227.
- Short entry: 0.1301 with a target support 0.1224, Stop-loss at 0.1305.
For the Short-term spot Buy:
- Best Buy price: 0.1230 (above support and the 15m RSI indicating potential buy opportunity).
- Risk-reward ratio: Buy at 0.1230, target at 0.1305 (target 1: Buy at 0.1230, sell at 0.1305).