Price: 453.2 | EMA7: 454.73 | EMA25: 454.07 | RSI14: 48.97 | Resistance: 469.9 | Support: 397.7 | Average Volume: 2544.3 | Volume Trend: Decreasing
Based on the 1h chart of BCHUSDT, here's my analysis and recommendations:
**Long/Short Entry Prices:**
* Long Entry: 437.5 (below Support level and near the 25 EMA, good risk-reward setup)
* Short Entry: 470.5 (above Resistance level and near the 7 EMA, good risk-reward setup)
**Best Spot Buy Price:**
* 418.5 (near the 50% Fibonacci level, converged with the 25 EMA, and supported by low volume)
Please note that this analysis is based solely on the 1h chart and does not consider other factors such as fundamentals, news, or higher time frame analysis. It's essential to assess the trade setup in conjunction with your own risk management and overall market sentiment before entering any trade.