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📊 Analysis: TONUSDT (1h)

Price: 2.213 | EMA7: 2.25 | EMA25: 2.28 | RSI14: 28.89 | Resistance: 2.362 | Support: 2.077 | Average Volume: 291847.15 | Volume Trend: Increasing

🤖 AI Insight

Based on the given technical analysis of TONUSDT at 1h:

- The price is currently at 2.213, below both EMA7 (2.2485061154762) and EMA25 (2.2795826633905), indicating a downtrend.
- RSI14 is at 28.887819445574, which is in the oversold territory, suggesting a potential reversal or bounce back.
- MACD is negative at -0.016917144542191, indicating bearish momentum.
- The nearest resistance is at 2.362, and support is at 2.077.
- Volume is increasing, which could be a sign of a potential trend continuation or reversal, depending on the direction.

For a **Long position**, considering the oversold RSI, a good entry could be near the support level at 2.077, with a target towards 2.362 or higher if the trend reverses. A more conservative entry would be after seeing a clear reversal signal (e.g., bullish candlestick patterns or RSI moving out of oversold territory).

For a **Short position**, if the price continues to be under pressure, a good entry could be considered near the resistance at 2.362, or after a failed attempt to break above EMA7/EMA25, targeting the support at 2.077.

For a **Spot Buy**, a good price would be around 2.077, considering it as a potential bottom. However, it's crucial to see a clear sign of reversal before investing.

Keep in mind, technical analysis is not a guarantee, and fundamental analysis, along with risk management strategies, should also be considered.