Price: 39.96 | EMA7: 40.29 | EMA25: 40.7 | RSI14: 49.32 | Resistance: 79.33 | Support: 15.78 | Average Volume: 966846.07 | Volume Trend: Decreasing
ZECUSDT shows indecision on the weekly chart.
- **Price hovering slightly below EMAs** suggests consolidation.
- **RSI near the midpoint** indicates neutral momentum.
- **Decreasing volume** points to weakening interest.
**Advice:**
- **Long entry:** Wait for a breakout above 40.69 with confirmation from volume. Consider going long near 45.
- **Short entry:** Slight downside potential if price breaks support at 15.78.
- **Spot buy:** Hold off for a cleaner entry signal. The current price range lacks conviction.
Remember, this is a short-term outlook. Additional factors and fundamental analysis are crucial for informed decision-making.