🤖 AI Insight

Analysis of STEEMUSDT at 1-day interval:

- Current price: 0.1424
- EMA7 is above EMA25, indicating a slight bullish trend.
- RSI14 is below 50, indicating a sideways or slightly bearish trend.
- MACD is above the center line, showing a mild bullish momentum.
- The price is still above the support level of 0.1105.
- However, the decreasing volume trend might indicate a lack of participation in the current price movement.

Recommendation:
1. Long entry: Consider long positions around $0.13-$0.135, where the price may encounter support and bounce back. This entry will allow you to ride the existing momentum.
2. Short entry: A short position might be entered near the current price level of $0.1424 or when it reaches the resistance level of $0.145. Be cautious of false signals and confirm with other indicators.
3. Spot buy: The current price is not optimal for buying. Consider waiting for a drop to the support level of $0.11 or a confirmation of a bullish reversal with a more favorable price, such as around $0.115.

Please note that these are general suggestions and may not suit your personal trading strategy or risk tolerance. Always do thorough analysis and follow your market rules.