🤖 AI Insight

Based on the 1-week chart, here's my technical analysis:

**Bearish trend**: The price is well below the EMA7 and EMA25, indicating a strong downtrend. RSI14 is oversold, but the MACD is still negative, suggesting the bearish momentum remains.

**Entry prices:**

* Short: 8.64 (current price) with a stop-loss at 9.50 (above EMA7) and a target at 7.14 (support level)
* Long: Avoid for now, as the trend is strongly bearish. Wait for a bullish reversal signal or a breakout above 10.00 before considering a long position.

**Spot buy price: None recommended** due to the strong bearish trend and oversold RSI14, which may lead to a bounce, but it's not a reliable buy signal yet.

**Caution:** Be mindful of the decreasing volume trend, which may indicate a lack of interest in the market, leading to increased volatility.