Price: 0.5071 | EMA7: 0.52 | EMA25: 0.58 | RSI14: 35.97 | Resistance: 0.8622 | Support: 0.3956 | Average Volume: 47175784.28 | Volume Trend: Decreasing
Based on the 1D chart:
**Bearish sentiment** prevails, with price trading below both EMA7 and EMA25. RSI14 is in the oversold zone, indicating a potential bounce. MACD is bearish, confirming the downtrend.
**Recommended actions:**
1. **Short**: Enter around 0.515 (just below EMA7) with a stop-loss at 0.535 (above EMA25) and a target at 0.45 (near the support zone).
2. **Long**: Wait for a bounce from the support zone (0.3956) and enter around 0.405 with a stop-loss at 0.385 and a target at 0.48 (near the middle of the recent trading range).
**Spot Buy**: If you're willing to take a higher risk, consider buying around 0.495 (near the current price) with a tight stop-loss at 0.485 and a target at 0.55 (above the EMA25).
Keep in mind that the decreasing volume trend might indicate a lack of buying interest, which could hinder a significant bounce. Be cautious and monitor the market closely.