Price: 0.05985 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 36.53 | Resistance: 0.06049 | Support: 0.05858 | Average Volume: 167106.79 | Volume Trend: Decreasing
Based on the 15m technical analysis of TUTUSDT:
- The price (0.05985) is below both EMA7 and EMA25, indicating a bearish trend.
- RSI14 (36.53) is in the oversold region, suggesting a potential reversal.
- MACD is slightly negative, confirming the bearish trend.
Advice:
- Long entry: Consider buying around the support level (0.05858) with a stop loss below it.
- Short entry: Avoid shorting for now as the RSI is in the oversold region.
- Spot buy: Buy at the current price (0.05985) if you expect a reversal, aiming for the resistance level (0.06049).