Price: 1.766 | EMA7: 1.73 | EMA25: 1.65 | RSI14: 57.52 | Resistance: 2.32 | Support: 1.073 | Average Volume: 882584.27 | Volume Trend: Decreasing
Based on the 4h chart of ASRUSDT, here are my observations and recommendations:
* The price is currently above the EMA7 and EMA25, indicating a short-term uptrend. However, the RSI14 is around 57, which is overbought and could lead to a correction.
* The MACD is about to give a buy signal, which could be a good entry point for a long position.
* Resistance is at 2.32, which is a significant level. I would recommend entering a long position if the price reaches 1.8-1.85, where it may experience some support.
* If you're looking to buy, I would suggest waiting for a spot buy at around 1.55-1.6, where the price could potentially retest the EMA25 as support.
In summary, I would advise entering a long position with a target price of around 2.15, with a stop loss below the EMA7. If you're looking to buy, consider waiting for a spot buy at around 1.55-1.6.