Price: 0.00504 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 44 | Resistance: 0.00553 | Support: 0.00484 | Average Volume: 6780078.4 | Volume Trend: Decreasing
Based on the 1h chart of 1000CATUSDT:
- The price (0.00504) is below EMA7 and EMA25, indicating a bearish trend.
- RSI14 (43.998) is near the middle, not indicating overbought or oversold conditions.
- MACD is slightly negative, supporting the bearish trend.
- Decreasing volume trend may indicate a lack of interest in the asset.
Advice:
- Long entry: Wait for a bounce off the support level (0.00484) with a target near the resistance (0.00553).
- Short entry: Consider shorting near the resistance level (0.00553) with a stop-loss above it.
- Spot buy: Consider buying near the support level (0.00484) for a potential bounce.