Price: 0.756 | EMA7: 0.76 | EMA25: 0.76 | RSI14: 44.93 | Resistance: 0.878 | Support: 0.694 | Average Volume: 232107.2 | Volume Trend: Increasing
Based on the 4-hour chart of ACMUSDT:
- Bullish signs:
- EMA25 is above EMA7, indicating a short-term uptrend within a larger uptrend.
- Volume trend is increasing, indicating buying pressure.
- Bearish signs:
- RSI14 is below 50, indicating a short-term downtrend.
- Price is below both EMAs and the support level.
- Trading advice:
- Long entry: Buy on a breakout above the EMA7 (0.7630269) or the 4-hour moving average with a stop-loss just below EMA7. Potential entry price is around 0.765-0.77.
- Short entry: Short on a breakdown below the EMA7 (0.7630269). Potential entry price is around 0.755-0.75.
- Spot buy: If the price breaks above the EMA25 (0.76470715), consider a spot buy, but be cautious of the resistance at 0.78. The ideal spot buy price would be around 0.77-0.78.