Price: 0.04983 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 53.38 | Resistance: 0.0505 | Support: 0.04627 | Average Volume: 389971.93 | Volume Trend: Decreasing
Based on the 15m chart, here's my analysis:
The bearish trend is weakening, and a possible reversal is forming. The EMA7 and EMA25 are converging, indicating a potential bullish crossover. The RSI14 is neutral, and the MACD is slightly positive.
Best Long Entry: 0.0499 (just above the current price) with a stop-loss at 0.0492.
Best Short Entry: Wait for a breakout below 0.0492, then short at 0. Set a stop-loss at 0.0495.
Spot Buy Price: 0.0502 (just below the resistance level) with a stop-loss at 0.0495.
Keep an eye on the volume trend, as decreasing volume may lead to a breakout or a reversal.