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📊 Analysis: WAXPUSDT (1d)

Price: 0.0201 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 45.9 | Resistance: 0.02597 | Support: 0.01785 | Average Volume: 31851014.84 | Volume Trend: Decreasing

🤖 AI Insight

WAXPUSDT is currently hovering near the 7-day EMA, showing indecision. Volume is decreasing, indicating weakening momentum.

**Entry Prices:**

* **Long:** Wait for a breakout above the 0.02597 resistance with confirmation from volume increase.
* **Short:** Consider shorting on a breakdown below 0.01785 support.

**Spot Buy Price:** Considering the current price near EMA7, a buy could be considered around 0.0195, below the 25-day EMA. This allows for some downside risk before hitting the strong support level.

**Disclaimer:** This is just a technical analysis based on limited data. Always do your own research and risk management before trading.