Price: 0.2746 | EMA7: 0.27 | EMA25: 0.27 | RSI14: 73.88 | Resistance: 0.2824 | Support: 0.25 | Average Volume: 1104499.88 | Volume Trend: Decreasing
Based on the given 15m chart analysis of SUSDT, here's a brief technical analysis:
- **Trend:** Currently in a Bullish trend, but the decreasing Volume Trend suggests a possible reversal.
- **RSI14:** Overbought at 73.88, indicating a potential price correction.
- **MACD:** Positive (0.00499), showing a bullish momentum.
- **Support and Resistance:** As given, the Support at 0.25 is a crucial point to watch for Long entry, while the Resistance at 0.2824 could act as a selling zone.
Recommendations:
**Long Entry:**
- Wait for a pullback towards the Support level of 0.25.
- Look for a bullish reversal candle with increasing volume.
- Buy price: 0.251 (0.252-0.251, as price approaches 0.25 from the buy side), which can give room to price movement and potential profit.
**Short Entry:**
- Wait for the price to reach the Resistance level of 0.2824.
- Identify a bearish reversal candle with increasing volume.
- Short sale price: 0.283 (0.283-0.282, as price pushes through 0.2824 from sell side), providing room for price movement and potential profit.
**Spot Buy:**
- As the Volume Trend is decreasing, it's not recommended to enter the market without a clear buy signal.
- However, if you're willing to take a high-risk trade, look for a dip around the Support level of 0.25 and consider buying at 0.26-0.255.
Keep in mind that these are just recommendations based on the given 15m chart analysis, and it's essential to use them in conjunction with your overall investment strategy and risk management plan.