Price: 0.0634 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 52.48 | Resistance: 0.0663 | Support: 0.0613 | Average Volume: 610745.53 | Volume Trend: Increasing
Based on the 1-hour chart analysis:
* The short-term EMA7 is above the medium-term EMA25, indicating a bullish trend.
* The RSI14 is neutral, neither overbought nor oversold.
* The MACD is positive, supporting the bullish trend.
* The increasing volume trend adds confidence to the bullish scenario.
Recommendations:
* Long entry: 0.0640, with a stop-loss at 0.0625.
* Short entry: Avoid shorting for now, as the trend is bullish.
* Spot buy price: 0.0638, targeting 0.0655.
Keep an eye on the RSI14 and MACD for potential divergences or crosses that could signal a trend reversal.