Price: 0.1276 | EMA7: 0.13 | EMA25: 0.18 | RSI14: 39.29 | Resistance: 7.71 | Support: 0.0962 | Average Volume: 289155678.25 | Volume Trend: Decreasing
Based on the 1W chart analysis, here's my technical analysis:
**Bearish sentiment**: The RSI14 is below 50, and the MACD is in negative territory, indicating a bearish trend. The EMA7 and EMA25 are also trending downwards, further supporting the bearish sentiment.
**Short-term strategy**:
* Short entry: 0.1290 (just above the current price) with a stop-loss at 0.1340 (above the EMA7) and a target at 0.1100 (near the support level).
* Long entry (contrarian): 0.1150 (near the support level) with a stop-loss at 0.1090 (below the support) and a target at 0.1350 (above the EMA7).
**Spot buy**:
* Best spot buy price: 0.1150 (near the support level) with a stop-loss at 0.1090 (below the support).
Please note that this is a technical analysis and should not be considered as investment advice. Always do your own research and consider your risk tolerance before making any trading decisions.