Price: 7.389 | EMA7: 7.47 | EMA25: 7.92 | RSI14: 30.17 | Resistance: 9.45 | Support: 4.976 | Average Volume: 73500.14 | Volume Trend: Decreasing
Based on the 4-hour chart, DEXEUSDT is in a downward trend. Here are my recommendations:
1. Long/Short Entry Prices:
* Long entry: 7.20 (just above the support level)
* Short entry: 8.50 (above the current price, but watch out for any false breakouts)
2. Best Spot Buy Price:
* 6.80 (around the previous low, where buy signals may be triggered)
Keep an eye on the RSI14, which is oversold. This could be a sign of a potential bounce. However, the MACD is still bearish, indicating the trend may continue. Be cautious when entering long positions. Trade with caution and adjust your stops accordingly.