Price: 0.8177 | EMA7: 0.82 | EMA25: 0.83 | RSI14: 41.33 | Resistance: 0.8799 | Support: 0.8054 | Average Volume: 5672596.98 | Volume Trend: Decreasing
Based on the 1-hour chart analysis:
* The price is below the EMA7 and EMA25, indicating a bearish trend.
* RSI14 is in the neutral zone, not yet oversold.
* MACD is bearish, supporting the downtrend.
* The volume trend is decreasing, which may indicate a lack of conviction in the current price movement.
Advice:
* Short entry: Consider shorting around 0.825 (EMA25) with a stop-loss above 0.8799 (resistance) and a target around 0.8054 (support).
* No long entry recommended at this time, as the trend is bearish.
* Spot buy price: If you must buy, consider buying around 0.8054 (support) with a stop-loss below 0.795 and a target around 0.825.
Please note that this is a brief analysis and you should always consider other factors and multiple time frames before making a trading decision.