Price: 0.2658 | EMA7: 0.27 | EMA25: 0.29 | RSI14: 22.49 | Resistance: 0.4266 | Support: 0.2559 | Average Volume: 12650800.78 | Volume Trend: Increasing
Based on the technical analysis of ARBUSDT at 4h:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 22.486, suggesting the asset is oversold, potentially nearing a reversal.
- MACD is negative, confirming the downtrend.
- The current price is near the support level at 0.2559.
**Advice:**
- **Long Entry:** Consider entering long around 0.2559 (support level) with a stop loss below it. A conservative entry could be after a confirmed reversal pattern or a rise above EMA7 (currently at 0.2734).
- **Short Entry:** If the price bounces off the current level and heads towards EMA7 or EMA25, consider shorting around 0.2734 or 0.2899 with a stop loss above the respective EMA.
- **Spot Buy:** The best spot buy price would be around 0.2559, considering it's a strong support. However, wait for a bullish reversal confirmation.
Keep an eye on the increasing volume, which could indicate the start of a new trend. Monitor the price action closely around the support level for potential reversal signs.