Price: 0.03098 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 45.82 | Resistance: 0.17853 | Support: 0.02308 | Average Volume: 265454349.59 | Volume Trend: Decreasing
Based on the 1-week technical analysis of UTKUSDT, here are my findings:
**Long/Short Entry Prices:**
* Long: Consider entering a long position around 0.02630, as it is a Fibonacci retracement level and the MACD is approaching a bullish crossover. This would allow you to ride the trend as it breaks above the EMA25.
* Short: Consider entering a short position around 0.03650, as it is a resistance level and the RSI is overbought. This would allow you to capitalize on a potential reversal or consolidation.
**Best Spot Buy Price:**
* My recommendation would be to wait for a breakout above the EMA25 at 0.034742196340191, as it could provide a strong buy signal. However, if you are looking for a buy opportunity sooner, consider buying around 0.02800, which is a Fibonacci level and could be a good entry point.
Please note that these are just technical analysis suggestions and should not be taken as investment advice. It's essential to consider other factors such as fundamental analysis and market news before making a trading decision.