Price: 36.46 | EMA7: 38.81 | EMA25: 41.98 | RSI14: 35.33 | Resistance: 56.79 | Support: 20.71 | Average Volume: 104703.15 | Volume Trend: Decreasing
Based on the 1D chart, here's my technical analysis:
**Short-term Bearish**:
The price (36.46) is below both EMA7 (38.8) and EMA25 (41.98), indicating a short-term bearish trend. The RSI14 (35.33) is close to oversold territory, suggesting a possible rebound.
**Entry prices:**
* **Short entry**: 37.5 (just below the EMA7) with a stop-loss at 40.5
* **Long entry**: 34.5 (just above the recent low) with a stop-loss at 32.5
* **Spot buy price**: 33.5 (if you're looking for a quick rebound)
**Notes:**
- Be cautious of a potential reversal as the RSI14 is close to oversold.
- The decreasing volume trend may indicate a weakening selling pressure.
- Keep an eye on the 20.71 support level for a potential bounce.