Price: 0.2592 | EMA7: 0.27 | EMA25: 0.3 | RSI14: 43.98 | Resistance: 1.2335 | Support: 0.2104 | Average Volume: 93961050.59 | Volume Trend: Decreasing
For STORJUSDT at 1w:
- Current price is 0.2592, below both EMA7 (0.2710) and EMA25 (0.2962), indicating a downtrend.
- RSI14 at 43.9757 is nearing the oversold territory, suggesting a potential reversal.
- MACD is negative, supporting the downtrend.
**Advice:**
- **Long Entry:** Consider entering long at around 0.2104 (support level) if it reaches there, as it might bounce back.
- **Short Entry:** Could be around 0.2800-0.2900 if it breaks EMA7 and EMA25, confirming a stronger downtrend.
- **Spot Buy:** Best spot buy price would be near the support level of 0.2104, as it provides a good risk-reward ratio.
**Disclaimer:** Technical analysis is subjective, and the advice provided should not be considered as investment advice. Always conduct your own research or consult a financial advisor.