Price: 0.1157 | EMA7: 0.12 | EMA25: 0.12 | RSI14: 31.42 | Resistance: 0.1231 | Support: 0.1141 | Average Volume: 27375.69 | Volume Trend: Decreasing
Based on the provided technical analysis for TKOUSDT on a 15-minute time frame:
Entry prices:
Short entry: Wait for a crossover of the 7-period Exponential Moving Average (EMA) with the 25-period EMA, then enter a short trade when the 7-period EMA crosses below the 25-period EMA.
Long entry: Wait for RSI14 (Relative Strength Index) to move above 30, indicating oversold conditions, and observe potential bearish trend exhaustion. Afterward, enter a long trade when RSI14 breaks down through its oversold level.
Spot buy price: Consider buying when the price crosses above the key resistance level of 0.1231. This level should provide a solid area of support previously. Keep an eye on the EMA crossover mentioned for further confirmation before executing the buy order.
However, it is essential to monitor the chart closely for any sudden market movements or news triggers as they may influence the price significantly. Always ensure to manage your risk by using stop-loss orders to protect your investments.