Price: 0.0634 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 48.9 | Resistance: 0.0698 | Support: 0.0544 | Average Volume: 6418590.34 | Volume Trend: Decreasing
Based on the 15m chart, here's my analysis:
The EMA7 and EMA25 are closely aligned, indicating a neutral short-term trend. The MACD is also near zero, confirming the lack of strong directional bias. The RSI is around 49, which is slightly below the midpoint, hinting at a slight bearish sentiment.
Given the current setup, I'd recommend the following:
* Long Entry: 0.0645 ( above the EMA7 and a slight bounce from the current price)
* Short Entry: 0.0625 (break below the EMA25 support)
* Best Buy Spot Price: 0.0615 (around the midpoint of the recent volume trend, with a slightly higher volume at this level)
Keep in mind that the overall trend is neutral, and the price is still within the broader range of 0.0544 support and 0.0698 resistance. Be cautious and adjust your position sizes accordingly.