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📊 Analysis: TONUSDT (1w)

Price: 3.258 | EMA7: 3.21 | EMA25: 4.01 | RSI14: 40.47 | Resistance: 7.269 | Support: 2.354 | Average Volume: 54997137.72 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1-week technical analysis of TONUSDT, here are my observations:

1. Current Price: 3.258
2. EMA crossover: Since EMA7 is below EMA25, it's a bearish crossover, indicating a sell opportunity.
3. RSI: RSI14 is at 40.469, which is in the neutral zone but heading down, indicating potential selling pressure.
4. MACD: The MACD is negative (-0.627), indicating a sell trend.
5. Volume Trend: The decreasing volume trend may indicate a lack of conviction.

Based on these observations, I would recommend a long-short entry strategy with caution:

- **Short entry:** Enter shorts around 3.25, which is near the EMA7 value and slightly above the current support level. Stop-loss can be set around 3.40, and the target can be set around the support level at 2.354.

- **Long entry:** I do not recommend a long entry at this point due to the bearish crossover and negative MACD.

Best spot buy price: Avoid buying for now. If you still want to buy, I would recommend waiting for a bounce around the support level at 2.354 or a trend reversal signal. However, I would not recommend buying at the current price due to the bearish trend.

Please note that technical analysis is subjective and may not always predict market movements accurately. Always use multiple analysis techniques and stay informed before making investment decisions.