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📊 Analysis: VETUSDT (15m)

Price: 0.02455 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 38.93 | Resistance: 0.02493 | Support: 0.02422 | Average Volume: 2082201.56 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 15m technical analysis of VETUSDT:

- The price is currently below both EMA7 and EMA25, indicating a short-term downtrend.
- RSI14 is at 38.92, suggesting the asset is approaching oversold territory, which might indicate a potential reversal or bounce.
- MACD is negative, reinforcing the downtrend.

For a Long position, a good entry price would be around the support level of 0.02422, with a stop-loss below this level. If the price bounces from this level, it could be a good spot to buy.

For a Short position, a good entry price would be if the price breaks and sustains above the resistance level of 0.02493, failing to continue the downtrend, then shorting on a break below the EMA7 or EMA25 after a false breakout. However, if you're looking for a more conservative short, waiting for a clear break below 0.02422 and then a retest of the broken support turned resistance could be an option.

Best spot buy price: Around 0.02422, with a stop-loss slightly below this level.

Please manage your risk accordingly.