Price: 22.63 | EMA7: 22.11 | EMA25: 20.11 | RSI14: 71.76 | Resistance: 24.28 | Support: 16.33 | Average Volume: 86880.74 | Volume Trend: Decreasing
**Technical Analysis Summary for ENSUSDT at 4h:**
- The price is trading above EMA7, indicating short-term bullishness.
- However, the EMA25 is lower than the current price, indicating a trend change is needed for long positions.
- RSI14 is in overbought territory (above 70), suggesting a potential sell-off.
- MACD is positive, but the histogram is not strong, indicating a weak buy signal.
- Volume is decreasing, supporting a potential sell-off.
- Resistance is 24.28, while support is 16.33.
**Recommendations:**
1. **Long/Short Entry Price:** For a short position, consider entry at 23.50, as it's below the EMA25. For a long position, wait for a strong buy signal, like a bullish crossover or a divergence, and entry at a confirmed level of 21.50.
2. **Spot Buy Price:** Do not take a spot buy at the current price of 22.63. Instead, wait for a confirmed long setup, preferably with a rising MACD and a bullish divergence with EMA25.
**Risk Warning:** All trading decisions involve risk. These recommendations are for educational purposes only and should not be considered investment advice. It is essential to analyze the market conditions and manage risks accordingly.