🤖 AI Insight

Based on the provided technical analysis of TONUSDT (Tether stablecoin trading in TON platform) over the past week, you can consider the following insights and advice:

Price: $3.16 - The current price of TONUSDT.
EMA7: $3.1686321898715 - 7-day Exponential Moving Average (EMA).
EMA25: $3.7305687027311 - 25-day EMA.
RSI14: 41.019797507169 - 14-day Relative Strength Index (RSI).
MACD: -0.49389506297256 - 14-day Moving Average Convergence Divergence (MACD).
Resistance: $7.269 - Resistance level above the current price.
Support: $2.354 - Support level lower than the current price.
Average Volume: $553,912,483.33 (daily average trading volume)
Volume Trend: Decreasing - The daily trading volume is decreasing over the past week.

Consider your risk tolerance and investment goal before making any trading decisions. Recommendations based on the analysis:

Best Long/Short entry prices: Wait for the price to stabilize above or near the 7-day EMA (approximately $3.17) to consider going long. Alternatively, look for a potential bullish candlestick pattern near $3.17 to enter into a long position. On the other hand, if you prefer to go short, wait for the price to dip below the 7-day EMA ($3.17) to enter a short position or look for a bearish candlestick pattern near this level.

Best Spot Buy price: Consider buying TONUSDT near the support level at $2.354 or when the price starts to stabilize above $3.17 (7-day EMA). Ensure proper risk management by setting stop-loss orders and/or trailing stops to mitigate losses in case the trade doesn't go as planned. Do your own research and consult with a financial advisor before making any investment decisions.