Price: 2.938 | EMA7: 2.95 | EMA25: 2.94 | RSI14: 49.93 | Resistance: 2.997 | Support: 2.554 | Average Volume: 57972.7 | Volume Trend: Decreasing
Based on the 15m chart, here's my analysis:
The price is currently bearish, trading below EMA7 and EMA25. The RSI is neutral, suggesting no strong momentum. The volume trend is decreasing, indicating a lack of conviction among traders.
**Long/Short Entry Prices:**
* Long: 2.97 (just above the resistance) with a stop loss at 2.94
* Short: 2.92 (just below the EMA25) with a stop loss at 2.95
**Spot Buy Price:**
* 2.92 (just above the EMA25) with a target of 2.98** (just below the resistance)
Please keep in mind that this is a high-risk trade, and it's essential to set stop-losses and monitor the trade closely.