Price: 6.202 | EMA7: 6.23 | EMA25: 6.24 | RSI14: 46.56 | Resistance: 6.407 | Support: 5.676 | Average Volume: 21169.8 | Volume Trend: Decreasing
Based on the 15m technical analysis of VANAUSDT:
- The price is currently at 6.202, below both EMA7 (6.230662) and EMA25 (6.235839), indicating a short-term downtrend.
- RSI14 is at 46.5627, suggesting the asset is not oversold but trending downwards.
- MACD is positive but decreasing, showing a potential weakening of the bullish momentum.
- The nearest resistance is at 6.407, and support is at 5.676.
**Advice:**
- For a **Long position**, consider entry around 5.8-5.9 if the price bounces back from the support area or shows a clear reversal signal.
- For a **Short position**, an entry could be considered around 6.3-6.35 if the price fails to break above EMA25 and heads back down.
- **Spot Buy**: A good spot buy price could be around 5.7-5.8, near the support level, if you're looking to accumulate.
Keep in mind, technical analysis is not a certainty, and you should consider risk management strategies.