🤖 AI Insight

Based on the provided technical analysis of VIRTUALUSDT for a 1-day timeframe, the following advice is given:

Holding Position: Since the market price is 1.4535, the best spot buy price would be well below this level, likely around the Support levels mentioned, which are 0.4199. It is advisable to wait for a pullback towards support before initiating a long position (buying).

Long Position: Considering the EMA7 (1.5124878982801) and EMA25 (1.6400262971918) levels acting as potential resistance, the best Long entry price would be when the market price nears and starts to breakdown below the EMA25 level. Awaiting a pullback towards the EMA25 before entering the long position can help reduce risk.

Short Position: As the current market price is already under RSI14 (41.912502325355), the market is showing some oversold conditions, which indicates that bears might initiate a sell-off, causing prices to revisit recent support levels. In this scenario, the spot buy price would be around the Support levels mentioned when prices show signs of a قاع (turnaround), suggesting buy signals.

Take profit targets would be initially aiming for higher resistance levels mentioned (e.g., Resistance: 2.589) while using stop-loss orders to limit potential losses in case the market doesn't follow your expected direction. Furthermore, continually tracking key levels like support and resistance assists in further adjusting the entry and take-profit levels, as the market dynamics might change over time.