← Back to Home

📊 Analysis: STEEMUSDT (1d)

Price: 0.136 | EMA7: 0.13 | EMA25: 0.13 | RSI14: 54.07 | Resistance: 0.1723 | Support: 0.1105 | Average Volume: 4994020.49 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1D technical analysis of STEEMUSDT:

**Trend:** The price is above both EMA7 (0.1348) and EMA25 (0.1337), indicating a short-term bullish trend.

**Momentum:** RSI14 (54.07) is neutral, not oversold or overbought.

**Signal:** MACD is slightly positive, suggesting a weak buy signal.

**Levels:**

* **Resistance:** 0.1723, a potential target for long positions.
* **Support:** 0.1105, a potential stop-loss level for long positions.

**Entry Prices:**

* **Long Entry:** Consider buying around 0.135-0.134 (EMA7), targeting 0.1723, with a stop-loss below 0.1105.
* **Short Entry:** Consider shorting around 0.165-0.170 (near resistance), targeting 0.120-0.1105, with a stop-loss above 0.1723.

**Spot Buy Price:** For a spot buy, consider accumulating around 0.130-0.135, as it's close to the current price and EMAs.

**Caution:** Volume trend is decreasing, which might affect the sustainability of the trend. Monitor volume for confirmation.