← Back to Home

📊 Analysis: STRAXUSDT (15m)

Price: 0.04371 | EMA7: 0.04 | EMA25: 0.04 | RSI14: 36.44 | Resistance: 0.04426 | Support: 0.04345 | Average Volume: 101115.7 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 15m technical analysis of STRAXUSDT:

- The price is currently at 0.04371, below both EMA7 (0.04379) and EMA25 (0.04389), indicating a downtrend.
- RSI14 is at 36.44, suggesting the asset is potentially oversold, which could indicate a potential reversal or bounce.
- MACD is negative, reinforcing the bearish sentiment.
- The nearest resistance is at 0.04426, and support is at 0.04345.

**Advice:**
- **Long Entry:** Consider a long position if the price breaks above 0.04426 with a significant increase in volume, targeting a stop loss below 0.04345. A more conservative entry could be waiting for a retest of support at 0.04345 and signs of a bounce.
- **Short Entry:** If the price fails to break above 0.04426 and continues to decline, consider a short position with a stop loss above 0.04426, targeting 0.04345 or lower.
- **Spot Buy:** A good spot buy price could be around 0.04345, if the support holds and there are signs of reversal (e.g., bullish divergence on RSI or a bullish engulfing candle).