Price: 106169.43 | EMA7: 104464.37 | EMA25: 96552.27 | RSI14: 60.8 | Resistance: 111711.83 | Support: 5209 | Average Volume: 570.61 | Volume Trend: Decreasing
Based on the technical analysis of WBTCUSDT at 1w:
- The price is above both EMA7 and EMA25, indicating an overall bullish trend.
- RSI14 is at 60.80, suggesting the asset is not overbought yet.
- MACD is positive, supporting the bullish momentum.
**Advice:**
- **Long Entry:** A pullback to EMA7 (104464.37) could be a good long entry opportunity. If it breaks through, EMA25 (96552.27) is the next support level.
- **Short Entry:** Consider shorting if the price hits the resistance at 111711.83 and shows signs of reversal.
- **Spot Buy:** The current price is 106169.43. A better spot buy price could be around EMA7 (104464.37) if the price pulls back to it.
Keep an eye on the volume trend, as a decreasing volume could indicate a potential reversal. Monitor the price action around the resistance and support levels for further confirmation.