Price: 405.9 | EMA7: 410.38 | EMA25: 412.75 | RSI14: 41.08 | Resistance: 430.5 | Support: 349.2 | Average Volume: 4393.26 | Volume Trend: Decreasing
**Technical Analysis of BCHUSDT (1h)**
**Current Price:** 405.9
**Trend Indicators:**
* EMA7: 410.38 (short-term trend)
* EMA25: 412.75 (medium-term trend)
The price is below both EMAs, indicating a **bearish** trend.
**Momentum Indicators:**
* RSI14: 41.08 (neutral zone, but leaning towards oversold)
* MACD: -0.12 (bearish signal)
**Support and Resistance:**
* Support: 349.2
* Resistance: 430.5
**Volume Analysis:**
* Average Volume: 4393.26
* Volume Trend: Decreasing
**Trading Strategy:**
* **Short Entry:** Consider shorting around 410-412 (EMA7 & EMA25 convergence area) with a stop loss above 430.5. Target support at 349.2.
* **Long Entry:** Consider buying around 395-400 ( potential bounce area) or at support 349.2 with a stop loss below. Target resistance at 430.5.
* **Spot Buy Price:** For a lower-risk buy, consider 395-400. If you're more aggressive, buy at 349.2.
Keep in mind that this analysis is based on a 1-hour chart and is subject to market volatility. Adjust your strategy according to your risk tolerance and trading plan.