← Back to Home

📊 Analysis: UMAUSDT (1d)

Price: 1.086 | EMA7: 1.11 | EMA25: 1.13 | RSI14: 45.35 | Resistance: 1.906 | Support: 0.15 | Average Volume: 2471321.18 | Volume Trend: Decreasing

🤖 AI Insight

**Technical Analysis of UMAUSDT (1D)**

The current price of UMAUSDT is 1.086. Here are the key observations:

* The price is below both EMA7 (1.105) and EMA25 (1.134), indicating a short-term and medium-term downtrend.
* RSI14 is at 45.35, which is in the neutral zone, but closer to the oversold territory.
* MACD is negative (-0.021), confirming the downtrend.
* The resistance level is at 1.906, while the support level is at 0.15.

**Entry Prices:**

* **Short Entry:** Consider shorting UMAUSDT around 1.105 (EMA7) or 1.134 (EMA25) for a higher risk-reward ratio. Set a stop-loss above 1.15 ( recent swing high).
* **Long Entry:** A potential long entry could be around 0.9 - 0.95 (near the previous swing low), with a stop-loss below 0.8.

**Spot Buy Price:**
For a spot buy, consider accumulating UMAUSDT around 0.9 - 0.95, where the price might find support.

**Volume Trend:**
The decreasing volume trend suggests that the recent price movements may not be strongly supported. Keep an eye on the volume trend for potential reversals.

**Disclaimer:**
These are just technical suggestions and not investment advice. Always do your own research and consider multiple sources before making a trading decision.