Price: 0.3069 | EMA7: 0.31 | EMA25: 0.31 | RSI14: 38.72 | Resistance: 0.344 | Support: 0.3031 | Average Volume: 793972.45 | Volume Trend: Decreasing
Based on the 1-hour chart of WCTUSDT, I recommend the following trading positions:
1. Long/Short Entry: Look for a long entry at the next minor resistance level at 0.3135, or consider a short entry at 0.3040, which is approaching the support level.
2. Best Long/Short Entry Price: A long entry at 0.3100 or a short entry at 0.3080.
3. Best Spot Buy Price: If you prefer to take a longer-term buy position, consider buying at the next minor support level at 0.3031.
Please note that the current RSI is oversold, which might indicate a potential rebound. However, the decreasing volume trend may indicate increased selling pressure. It's essential to monitor the charts closely for any changes in the trend before making a trade.