Price: 0.05925 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 39.28 | Resistance: 0.0688 | Support: 0.05866 | Average Volume: 4074634.86 | Volume Trend: Decreasing
Based on the 1h technical analysis of ZKUSDT:
**Short-term view:**
The price is below EMA7 and EMA25, indicating a bearish trend. RSI14 is around 39, which is close to the oversold zone. MACD is also bearish.
**Entry Prices:**
* Short: 0.0588 (just below the support level) with a stop-loss at 0.0602.
* Long: 0.0612 (above the EMA25) with a stop-loss at 0.0592.
**Spot Buy Price:**
0.0595, as it's close to the current price and might provide a good risk-to-reward ratio.
**Note:** Keep an eye on the decreasing volume trend, which might indicate a potential reversal. Monitor the RSI14 for a potential bounce from the oversold zone.