Price: 0.02656 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 71.16 | Resistance: 0.03289 | Support: 0.02213 | Average Volume: 15934016.64 | Volume Trend: Decreasing
Based on the 4-hour chart of ARPAUSDT, here's my analysis:
**Trend:** The price is trending downwards, with the 25-period EMA lower than the 7-period EMA, confirming a bearish trend.
**RSI:** The RSI is above 70, indicating overbought conditions. A pullback or correction is likely.
**Best Long-entry price:** Look for a buy opportunity around 0.024-0.025, as the price approaches the 25-period EMA and potentially bounces off it.
**Best Short-entry price:** You could consider shorting around 0.028-0.029, anticipating a rejection at the resistance level of 0.03289.
**Spot Buy price:** If you're looking to buy the dip, consider waiting for a pullback to 0.022-0.023, which is near the support level and could offer a more attractive entry price.
Keep in mind that this is just a technical analysis, and you should always factor in fundamental analysis and your own risk tolerance before making any trading decisions.