Price: 0.2559 | EMA7: 0.26 | EMA25: 0.26 | RSI14: 42.66 | Resistance: 0.3072 | Support: 0.2362 | Average Volume: 1836843.26 | Volume Trend: Decreasing
Based on the 4h chart, here's my technical analysis:
**Short-term bearish bias**: The price is below both EMA7 and EMA25, indicating a short-term downtrend. The RSI14 is also in the neutral zone, but leaning towards oversold territory, which could lead to a temporary bounce.
**Advice**:
* **Short entry**: Consider shorting around 0.258-0.260, where the price might reject the EMA7 and EMA25 resistance.
* **Long entry**: If the price breaks above 0.260, consider going long around 0.262-0.264, with a stop-loss below 0.258.
* **Spot buy**: If you want to buy the dip, consider entering around 0.242-0.244, near the support level of 0.2362.
Keep in mind that the decreasing volume trend suggests a lack of buying interest, which could lead to further price drops. Monitor the volume and adjust your strategy accordingly.