Price: 7.577 | EMA7: 7.6 | EMA25: 7.5 | RSI14: 56.69 | Resistance: 7.761 | Support: 6.875 | Average Volume: 16761.73 | Volume Trend: Increasing
Based on the 4h chart analysis:
The price is hovering around the EMA7 and EMA25, indicating a sideways trend. The RSI14 is in the neutral zone, suggesting no clear overbought or oversold signals. The MACD is positive, indicating a bullish momentum.
Entry suggestions:
* Long: 7.61 (just above the EMA7) with a stop-loss at 7.45 (below the EMA25)
* Short: 7.45 (below the EMA25) with a stop-loss at 7.61 (above the EMA7)
Spot Buy Price: 7.55 (around the midpoint of the EMA7 and EMA25)
Note: Keep an eye on the Volume Trend, which is increasing, and the Resistance and Support levels for potential breakout or bounce opportunities.