Price: 0.0259 | EMA7: 0.03 | EMA25: 0.05 | RSI14: 37.63 | Resistance: 0.24444 | Support: 0.0245 | Average Volume: 499237792.29 | Volume Trend: Decreasing
Based on the technical analysis of TRUUSDT at 1w:
- The price (0.0259) is below both EMA7 (0.0315) and EMA25 (0.0451), indicating a downtrend.
- RSI14 at 37.63 suggests the asset is approaching oversold territory, potentially nearing a reversal.
- MACD is negative, supporting the bearish trend.
- Current support is at 0.0245, and resistance is at 0.2444.
**Advice:**
- **Long Entry:** Consider a long position near the support level of 0.0245, with a stop-loss below this level.
- **Short Entry:** If the price bounces off the current levels and heads towards EMA7 or EMA25, consider shorting around 0.0315 or 0.0451, with a stop-loss above the respective EMA.
- **Spot Buy:** The best spot buy price would be around 0.0245, given it's a strong support level.
Keep in mind that this analysis is based on the given data and doesn't account for fundamental analysis or market news that could impact price movements. Always manage your risk.