Price: 0.0692 | EMA7: 0.07 | EMA25: 0.07 | RSI14: 39.39 | Resistance: 0.0814 | Support: 0.0613 | Average Volume: 4032088.25 | Volume Trend: Decreasing
Based on the provided 4-hour technical analysis for BLURUSDT, here is a summary of the suggested entry points and support/resistance levels:
1. Best Long Entry Price: Wait for the price to consolidate and/or cross above the 25-hour exponential moving average (EMA25) for a buy signal. A resistance level near 0.0814 can be used as a target to initiate the long entry.
2. Best Short Entry Price: Wait for the price to stabilize below the 7-hour exponential moving average (EMA7) and observe if it starts to decline further. A support level near 0.0613 can be used as a reference to initiate the short entry.
3. Spot Buy Price Advice: Since the current price is 0.0692, you can consider buying BLURUSDT at this level if you believe in the medium-term upside potential for the token. However, be aware of the decreasing volume trend and potential short entry opportunities mentioned above.
Overall, I'd suggest monitoring the price against the EMAs and RSI to identify the most opportune moments to enter long or short positions. Be cautious regarding the decreasing volume trend, which might indicate potential weakness in the asset's trading ecosystem.