Price: 0.5409 | EMA7: 0.55 | EMA25: 0.55 | RSI14: 43.58 | Resistance: 0.6253 | Support: 0.5247 | Average Volume: 208062.32 | Volume Trend: Decreasing
Based on the 4-hour technical analysis of AVAUSDT:
- The price (0.5409) is below both EMA7 (0.5460) and EMA25 (0.5500), indicating a downtrend.
- RSI14 is at 43.58, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative, supporting the bearish sentiment.
For a **Long** position, a good entry could be around the support level at 0.5247, with a stop-loss slightly below. Alternatively, wait for a bullish reversal signal (e.g., RSI entering oversold and then turning up).
For a **Short** position, consider entering around the current resistance at 0.6253 or upon a confirmed break below the current price and EMA7/EMA25, suggesting further downward momentum.
For a **Spot Buy**, a more conservative entry could be near the support level (0.5247), minimizing risk.
**Best Long Entry Price:** Around 0.5247.
**Best Short Entry Price:** Wait for a bounce to 0.5500-0.5600 or higher towards 0.6253 for a better risk-reward ratio.
**Best Spot Buy Price:** Around 0.5247.