Price: 0.1092 | EMA7: 0.11 | EMA25: 0.12 | RSI14: 43.22 | Resistance: 0.1974 | Support: 0.0297 | Average Volume: 62757312.54 | Volume Trend: Decreasing
Based on the technical analysis of STRKUSDT at 1d:
- The current price is 0.1092, below both EMA7 (0.1138) and EMA25 (0.1203), indicating a bearish trend.
- RSI14 is at 43.219, which is nearing oversold territory but hasn't reached it yet (typically considered below 30).
- MACD is negative (-0.0049), supporting the bearish sentiment.
**Long Entry Advice:** Consider a long entry if the price breaks above EMA7 (0.1138) and then consolidates above it, with a stop loss below the recent low. A more aggressive entry could be considered around 0.1 if it shows strong reversal signs, but it's riskier.
**Short Entry Advice:** For a short entry, consider selling around the EMA25 (0.1203) if the price touches it and shows resistance, or continuing to monitor for a break below the current support levels to short on a pullback. Immediate resistance is not far at EMA7; a short could be considered if the price hits EMA25 or shows strong bearish rejection at EMA7.
**Best Spot Buy Price:** A good spot buy could be around 0.08-0.09 if the price drops to that level, as it would be a significant discount and potentially nearing a strong support zone, although current support is quite far down at 0.0297.
Keep in mind that technical analysis is not a certainty, and market conditions can change rapidly. Always manage your risk.