Price: 0.02933 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 62.31 | Resistance: 0.0303 | Support: 0.02389 | Average Volume: 16004708.13 | Volume Trend: Decreasing
Based on the 1h technical analysis of VETUSDT:
- The price (0.02933) is below EMA7 (0.029482) and above EMA25 (0.02873), indicating a potential short-term pullback but still in a longer-term uptrend.
- RSI14 is at 62.31, suggesting the asset is nearing overbought territory but not yet there.
- MACD is positive and increasing, supporting the bullish momentum.
**Advice:**
- **Long Entry:** A pullback to EMA25 (0.02873) or slightly below could be a good long entry point, around 0.0285.
- **Short Entry:** If the price breaks above the resistance (0.0303) and fails to sustain it, a short entry could be considered around 0.0308 with a stop loss above the recent high.
- **Spot Buy:** A good spot buy price could be around 0.028 or slightly lower if it pulls back to that level, considering the current support and EMA25.
Keep an eye on the volume trend; a decreasing volume might indicate a weakening trend. Monitor the price action around the resistance (0.0303) for potential breakouts or rejections.