Price: 1.004 | EMA7: 0.96 | EMA25: 1.07 | RSI14: 47.96 | Resistance: 2.489 | Support: 0.553 | Average Volume: 7551248.11 | Volume Trend: Decreasing
Based on the 1-week technical analysis of XNOUSDT, here's my assessment:
**Overall Trend:** Bearish, with a decreasing volume trend.
**Recommendations:**
**Best Long Entry:** Enter long around the recent low at 0.93-0.945, with a stop-loss at 0.86. This level provides sufficient support from the short-term EMA7 and is below the longer-term supports at 0.85-0.86.
**Best Short Entry:** Enter short around the current price of 1.00, with a stop-loss at 1.14. This level is near the resistance at 1.06 and provides a good entry point to capitalize on the bearish momentum.
**Spot Buy:** If you prefer to spot buy, consider entering at 0.95-0.98, as it provides a good value entry point below the current price. The risk is relatively low, and you can aim to sell around the resistance levels at 1.06-1.14.
Please note that these are just technical analysis-based recommendations and do not guarantee profitability. It's essential to consider other factors, such as fundamental analysis and market conditions, before making investment decisions.