Price: 0.5097 | EMA7: 0.51 | EMA25: 0.51 | RSI14: 48.27 | Resistance: 0.6156 | Support: 0.4859 | Average Volume: 2118673.84 | Volume Trend: Decreasing
DYDXUSDT at 4h is showing a neutral trend.
- The price is currently between EMA7 and EMA25, indicating a potential consolidation phase.
- RSI14 is around 48, suggesting a balanced market without a clear direction.
- MACD is negative, hinting at a bearish momentum.
**Advice:**
- **Long Entry:** Consider going long around 0.4859 (support level) with a stop-loss below it. A safer entry could be after a clear breakout above EMA25 (0.5118) and a pullback.
- **Short Entry:** Consider going short around 0.6156 (resistance level) with a stop-loss above it.
- **Best Spot Buy Price:** Around 0.4859, considering it as a strong support.
Please manage your risk and adjust according to your overall strategy.