Price: 0.0555 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 43.35 | Resistance: 0.0657 | Support: 0.0494 | Average Volume: 2543821.23 | Volume Trend: Increasing
Based on the 4h chart of AUDIOUSDT, I recommend the following:
Best Long Entry: 0.0535 (just below the current price) with a take profit target around 0.0590, as the EMA7 and EMA25 are trending upward and the RSI is oversold. Additionally, the MACD is showing a bearish crossover, indicating a potential reversal.
Best Short Entry: 0.0610 (just above the resistance level) with a take profit target around 0.0555, as the EMA7 and EMA25 are trending downward and the RSI is overbought. Furthermore, the MACD is showing a bullish crossover, indicating a potential reversal.
Best Spot Buy: 0.0515 (a level of strong support and a potential reversal area). Buys can be made here and set to take profit around 0.0590, as the trend is expected to continue upward.
Please note that these are just recommendations and should be adjusted based on your individual risk tolerance and trading strategy.