🤖 AI Insight

Based on the 1-day chart of WIFUSDT, here's my analysis:

The chart shows a bearish trend with a forming descending triangle pattern, indicating a continued downward trajectory. The EMA7 and EMA25 are declining, and the RSI14 is oversold, which may trigger a short-term bounce.

For a Long/Short entry, I would recommend entering a short position around $0.80, as this price coincides with the EMA7 and has some resistance. The potential profit target would be around $0.35, near the support level.

For spot buying, it's not recommended to enter a buy position as the trend is bearish. However, if you decide to take the risk, wait for the price to break the $0.65 level, which could serve as a good entry point. This price is near the 50% retracement level of the recent downtrend.

Remember to always set stop-loss and take-profit levels carefully, and to manage your risk accordingly.