Price: 0.3537 | EMA7: 0.37 | EMA25: 0.38 | RSI14: 31.76 | Resistance: 0.4185 | Support: 0.3519 | Average Volume: 151575.8 | Volume Trend: Increasing
Based on the 1h chart of ARKUSDT, I would recommend a long entry around the current price of 0.3537, as the RSI14 is oversold and the MACD is approaching a potential buy signal. This could be a good spot to enter a long position, with the first target being around the EMA25 level of 0.3819.
For a short entry, I would look for a breakout above the resistance level of 0.4185, which would indicate a trend reversal and give a strong sell signal.
As for a spot buy, I would wait for the price to rise above the EMA7 level of 0.3704, which would provide a stronger bullish indication. This could be a good spot to accumulate a long position, as the trend is upward and the RSI14 is not overbought.
Entry price for long: 0.3537
Entry price for short: above 0.4185
Spot buy price: above 0.3704