🤖 AI Insight

Based on the technical analysis of WBETHUSDT at 1d:

- **Current Price**: 2598.7
- **Trend Indicators**:
- EMA7: 2668.24 (above current price, indicating a downtrend)
- EMA25: 2704.35 (above EMA7, reinforcing the downtrend)
- **Momentum Indicators**:
- RSI14: 43.26 (nearing oversold territory, suggesting a potential reversal)
- MACD: -1.407 (negative, indicating bearish momentum)

**Resistance**: 3083.92
**Support**: 1470.88

**Analysis**: The downtrend is indicated by the EMAs and MACD. However, the RSI nearing oversold territory might suggest a potential for a short-term bounce or consolidation.

**Advice**:
- **Long Entry**: Consider entering long around the support level of 1470.88 if it reaches there, as it might bounce back. A more conservative entry could be after a confirmed reversal pattern or when RSI indicates oversold conditions are met and starts to rise.
- **Short Entry**: Could be considered around the current resistance or slightly above it, around 3083.92, if the price moves towards it. Alternatively, a break below the current price with increasing volume could be a short signal.
- **Best Spot Buy Price**: Around 1470.88, if the price reaches that level and shows signs of bouncing.

Keep an eye on the volume trend; a decreasing volume during a downtrend could indicate a lack of conviction among sellers, potentially leading to a reversal. However, a sudden increase in volume with a price drop could reinforce the downtrend.