Price: 1.251 | EMA7: 1.26 | EMA25: 1.28 | RSI14: 40.74 | Resistance: 1.634 | Support: 1.243 | Average Volume: 202662.87 | Volume Trend: Decreasing
Based on the 4h chart of ATMUSDT:
The bearish trend is ongoing, with the price trading below the EMAs. The RSI is in the neutral zone, indicating a potential reversal. However, the MACD is bearish, suggesting a continuation of the downtrend.
**Recommendation:**
1. **Short Entry:** Consider shorting at 1.251, with a stop-loss above the EMA25 (1.2804) and a target around the support level (1.243).
2. **Long Entry:** Wait for a breakout above the EMA25 (1.2804) and a confirmation of a bullish reversal. A potential long entry could be around 1.285, with a stop-loss below the EMA7 (1.2623) and a target around the resistance level (1.634).
3. **Spot Buy:** Avoid spot buying at this level, as the trend is bearish and the momentum is decreasing. Wait for a bullish reversal or a break above the EMA25 for a potential spot buy opportunity.
**Note:** Keep an eye on the decreasing volume trend, which may indicate a lack of buying interest. Be cautious and adjust your positions accordingly.