Price: 4.543 | EMA7: 4.55 | EMA25: 4.56 | RSI14: 48.48 | Resistance: 4.971 | Support: 4.267 | Average Volume: 331700.68 | Volume Trend: Decreasing
Based on the 4h ATOMUSDT analysis:
- The price is currently below both EMA7 and EMA25, indicating a bearish trend.
- RSI14 is around 48.477, not indicating overbought or oversold conditions.
- MACD is negative, reinforcing the bearish sentiment.
**Long Entry:** Consider a long entry if the price breaks above EMA25 (4.5599) and ideally above the recent resistance at 4.971. A safe long entry could be around 4.60 with a stop loss below 4.40.
**Short Entry:** For a short position, if the price continues to be rejected at resistance or fails to break above EMA25, consider entering short around 4.50 with a stop loss above 4.60. A more aggressive short could be considered at 4.971 if it fails to break through.
**Spot Buy:** For a spot buy, a good entry could be around the support level at 4.267, or if there's a significant bounce from that level. Alternatively, a safer entry could be considered if the price stabilizes and shows bullish reversal signs around 4.40-4.50.
Keep an eye on volume trends and be cautious of decreasing volume, which might indicate a lack of conviction in the current trend.