🤖 AI Insight

Based on the provided technical analysis, here is an overview and advice on the best entry points for a long and short position, as well as the optimal spot buy price:

1. Long Position Entry:
- Entry price: EMA25 (currently around 2.9925) - It indicates a potential upward move due to its increasing trend compared to the EMA7 (2.489). Remember to close your position when RSI falls below 30 (overbought) or MACD crosses below the zero line.
2. Short Position Entry:
- Entry price: When MACD crosses the zero line and RSI rises above 70 (oversold) signaling a potential reversal trend. You can set a stop loss above the current price level to minimize losses.
3. Spot Buy Price: Look for pullbacks to the EMA7 or 50% Fibonacci retracement level to minimize risks and potentially enter at a stronger market support level.

Remember that market movements can be volatile, and these are only guidelines to assist you in your trading decision-making process. Always consider risk management strategies and your financial situation before executing any trade.