Price: 0.23 | EMA7: 0.24 | EMA25: 0.25 | RSI14: 46.98 | Resistance: 1.474 | Support: 0.1352 | Average Volume: 51429848.58 | Volume Trend: Decreasing
Based on the 1-week technical analysis, VICUSDT is in a downtrend with a decreasing volume trend. The RSI is oversold, indicating a potential buy opportunity.
Recommended entry points:
* Long/Short entry price around 0.20-0.22, as it may bounce off the recent lows and trendline support.
* Look for a break above EMA25 (0.2484) to consider a short covering or a new long entry.
Best spot buy price: 0.17-0.18, as it may be a good entry point to catch the bounce. However, be cautious of the downtrend and potential fakeout.
Please note that this is a general analysis and may not be suitable for everyone. It's essential to consider your own risk tolerance, market fluctuations, and adjust your strategy accordingly.