Price: 1.1347 | EMA7: 1.34 | EMA25: 1.31 | RSI14: 55.09 | Resistance: 2.589 | Support: 0.4199 | Average Volume: 162967399.38 | Volume Trend: Decreasing
For VIRTUALUSDT at 1w:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is around 55, suggesting a neutral momentum.
- MACD is positive but decreasing, hinting at a potential weakening of the bullish signal.
**Advice:**
- **Long Entry:** Consider a long position if the price breaks above 1.343781 (EMA7) with strong volume, targeting 2.589 (Resistance). A safe entry could be around 1.4 with a stop-loss below 1.1347.
- **Short Entry:** If the price drops below 1.1347, consider a short position targeting 0.4199 (Support). Entry could be around 1.1 with a stop-loss above 1.2.
- **Spot Buy:** The best spot buy price would be around 0.8-0.9 if the price drops to that level, considering the current downtrend. However, based on current analysis, a safer buy is above 1.343781 with confirmation of trend reversal.
Keep an eye on volume and RSI for trend confirmation.