Price: 0.0529 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 44.54 | Resistance: 0.0594 | Support: 0.0494 | Average Volume: 555538.69 | Volume Trend: Decreasing
Based on the 1h technical analysis of TNSRUSDT:
- Current price is 0.0529, slightly above EMA7 (0.0528), indicating a potential bullish trend in the short term but struggling to gain momentum above EMA25 (0.0533).
- RSI14 at 44.535 suggests the asset is nearing oversold territory, potentially setting up for a rebound.
- MACD is negative, indicating bearish momentum, but the magnitude is relatively small.
**Advice:**
- **Long Entry:** Consider entering long around 0.0515-0.0520, slightly below the current price, with a stop loss below the recent swing low (around 0.0494).
- **Short Entry:** Consider shorting around 0.0545-0.0550, above EMA25, with a stop loss above the resistance at 0.0594.
- **Spot Buy:** The best spot buy price could be around 0.0494, near the support level, for a more conservative entry.
Keep in mind that technical analysis is not a guarantee, and the market can be unpredictable. Consider combining this analysis with fundamental insights and managing your risk accordingly.