Price: 0.3014 | EMA7: 0.3 | EMA25: 0.31 | RSI14: 30 | Resistance: 0.3364 | Support: 0.2995 | Average Volume: 1302945.39 | Volume Trend: Decreasing
Based on the chart provided for SUSDT within a one-hour time frame, here is a summary of the technical analysis:
Price: 0.3014
EMA7: 0.30345582528837
EMA25: 0.30872809335226
RSI14: 30.000640938595
MACD: -0.0036609794042154
Resistance: 0.3364
Support: 0.2995
Average Volume: 130,294.539
Volume Trend: Decreasing
Advice:
1. Short-term Trading Suggestions:
- Consider selling SUSDT near the resistance level of 0.3364, but ensure risk management and be prepared for potential changes in the market condition.
- Consider buying SUSDT when the price falls below the support level of 0.2995 for a long-term investment strategy focusing on capital appreciation.
2. Long-term Trading Suggestions:
- Wait for a bullish breakout towards the resistance level at 0.3364 before initiating a long position.
- If you wish to buy the coin for holding longer, consider waiting for the Volume Trend to indicate an upward trend before acquiring the asset to minimize risks.
Remember to perform additional research, monitor market developments, and always practice risk management when making any trading decisions.