Price: 0.084 | EMA7: 0.08 | EMA25: 0.08 | RSI14: 46.4 | Resistance: 0.0867 | Support: 0.0835 | Average Volume: 47947.34 | Volume Trend: Decreasing
Based on the provided technical analysis, STEEMUSDT at 15m is in a neutral trend. Here's a brief analysis:
- EMA7 and EMA25 are crossing, indicating a bullish trend.
- RSI14 (46) is in the neutral zone, indicating no clear trend.
- MACD is slightly negative, indicating a weak bearish trend.
- Resistance is at 0.0867, and support is at 0.0835.
- Volume Trend is decreasing, which might indicate a lack of trading activity.
Long/Short entry advice:
- Consider a long entry around 0.0837-0.0839 (just above the support level) for a potential breakout above 0.0867.
- Short entry around 0.0855-0.0857 (just below resistance level) for a potential pullback to support.
Spot buy advice:
- Buy around 0.0835-0.0837 (support level) for a potential long-term investment.
- Be cautious as the volume trend is decreasing, which might affect the stability of the trade.
However, consider the overall market conditions, news, and other factors before making any investment decisions.