Price: 0.7292 | EMA7: 0.79 | EMA25: 0.88 | RSI14: 39.98 | Resistance: 1.825 | Support: 0.61 | Average Volume: 26449637.99 | Volume Trend: Decreasing
Based on the 1-week chart of TWTUSDT:
- Price is below EMA7 and EMA25, indicating a bearish trend.
- RSI14 is around 40, suggesting the asset is not oversold yet.
- MACD is negative, supporting the bearish outlook.
Advice:
- Short entry around 0.75-0.80 (near EMA7) with a stop loss above EMA25.
- Long entry is not recommended until the price breaks above EMA25.
- Spot buy at support level 0.61 for a long-term hold, considering the decreasing volume trend.