Price: 0.0639 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 43.04 | Resistance: 0.069 | Support: 0.062 | Average Volume: 686321.4 | Volume Trend: Decreasing
Based on the 1-hour chart:
* The short-term EMA7 is below the medium-term EMA25, indicating a bearish trend.
* The RSI14 is in the neutral zone, suggesting a potential reversal.
* The MACD is in the negative territory, supporting the bearish trend.
Advice:
* Short entry: 0.0645 (just below EMA25) with a stop-loss at 0.0655.
* Long entry: 0.0625 (just above Support) with a stop-loss at 0.0615.
* Spot buy price: 0.0625 (near Support) with a target of 0.065.
Please note that this is a short-term analysis and may not reflect the long-term trend. It's essential to monitor the price action and adjust your strategy accordingly.