Price: 0.1787 | EMA7: 0.18 | EMA25: 0.17 | RSI14: 54.73 | Resistance: 0.2104 | Support: 0.1125 | Average Volume: 7684651.04 | Volume Trend: Decreasing
Based on the 4-hour chart of COOKIEUSDT, the current price is 0.1787. Here's a brief analysis:
1. **Directional Bias**: The EMA7 (0.18198312977646) is above EMA25 (0.17291411689859), indicating a short-term uptrend within a longer-term uptrend.
2. **Oversold/Overbought**: RSI14 (54.729196307097) is not in the oversold or overbought territory, suggesting the price is neither extremely overbought nor undervalued.
3. **Crossover MACD**: The MACD is slightly positive (0.0061316432302997), but not strong enough to confirm a bullish crossover. A bearish crossover might be forming.
4. **Short/Long Entry**: Given the decreasing volume trend, a short entry might be suitable near the current price (0.1787) if you expect a sell-off. For a long entry, wait for volume to increase and the MACD to confirm a bullish crossover.
5. **Long/Short Entry Prices**: Short entry: 0.1787, target support: 0.1125. Long entry: 0.170 (support), target resistance: 0.2104.
6. **Spot Buy Price**: Not recommended due to the decreasing volume trend and weak MACD signal. Consider a long entry near 0.170.
7. **Recommendation**: Monitor the volume trend and adjust the entry strategy accordingly. Be cautious of a potential bearish move in the short term.
Please note that technical analysis is subjective, and this analysis is meant to be a starting point for your consideration. Always use proper risk management and verify the analysis with other technical and fundamental indicators.