Price: 0.0537 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 73.18 | Resistance: 0.0612 | Support: 0.0433 | Average Volume: 7186202.71 | Volume Trend: Increasing
For DODOUSDT on the 4-hour chart:
- The price is 0.0537, above both EMA7 (0.0525) and EMA25 (0.049), indicating a bullish trend.
- RSI14 is at 73.18, suggesting the asset is overbought, potentially due for a pullback.
- MACD is positive, reinforcing the bullish momentum.
**Resistance:** 0.0612
**Support:** 0.0433
**Long Entry Advice:** A pullback towards EMA7 (0.0525) or slightly below could be a good long entry opportunity, with a stop loss around 0.048 (below EMA25).
**Short Entry Advice:** Consider shorting around the resistance level of 0.0612 if it reaches there, with a stop loss slightly above this level.
**Spot Buy Price:** For a safer entry, wait for a pullback towards 0.052 or slightly below; otherwise, consider 0.0537 with a tight stop loss.
Keep an eye on volume and overall market trend to adjust your strategy. The increasing volume supports the current trend but be cautious of an overbought RSI.