Price: 0.1305 | EMA7: 0.14 | EMA25: 0.14 | RSI14: 43.41 | Resistance: 0.1987 | Support: 0.1086 | Average Volume: 38307280.42 | Volume Trend: Decreasing
Based on the provided technical analysis, here are some suggestions:
1. Long (Buy) Entry Prices: If you believe that the price will rise, consider the following long entry prices:
a. When the price breaks above the resistance level of 0.1987.
b. When the market forms a bullish engulfing pattern (a candlestick pattern characterized by a large bullish candle which completely engulfs the previous bearish candle).
c. When the MACD (Moving Average Convergence Divergence) histogram crosses above the zero line, suggesting an uptrend.
2. Short (Sell) Entry Prices: If you believe that the price will fall, consider the following short entry prices:
a. When the price breaks below the support level of 0.1086.
b. When the RSI (Relative Strength Index) dips into oversold conditions (below 30), indicating potential downside.
c. When the MACD histogram crosses below the zero line, indicating a downtrend.
Please keep in mind that these analysis are based on historical data and market behavior. Always consult current news, fundamental analysis, and apply proper risk management strategies before making any trading decisions. Additionally, it is essential to keep in mind that market conditions can change rapidly, and one should be prepared for unexpected developments.