Price: 0.7271 | EMA7: 0.73 | EMA25: 0.74 | RSI14: 38.88 | Resistance: 0.8038 | Support: 0.7167 | Average Volume: 145360.12 | Volume Trend: Decreasing
Based on the 1-hour chart, XTZUSDT is experiencing a bearish trend with a decreasing volume. Here are my recommendations:
**Long/Short Entry Prices:**
* Short Entry: 0.7200 (just below the current support) to target 0.7000.
* Long Entry: 0.7300 (just above the EMA7) to target 0.7500.
**Best Spot Buy Price:**
* 0.7125 (just above the potential triangle formation) to capitalize on a potential bounce.
Please keep in mind that these are technical analysis suggestions and should not be taken as investment advice. It's essential to consider additional factors such as fundamental analysis, market news, and your own trading strategy before making a decision.