Price: 0.855 | EMA7: 0.85 | EMA25: 0.79 | RSI14: 74.09 | Resistance: 0.8883 | Support: 0.6338 | Average Volume: 6889099.56 | Volume Trend: Decreasing
Based on the 4h chart, here's my analysis:
* EOSUSDT is in a bullish trend, with the price above both EMA7 and EMA25.
* RSI14 is overbought, indicating a possible reversal or consolidation.
* The decreasing volume trend suggests a lack of buying interest, which could be a concern.
Advice:
* Long entry: 0.86 (slightly above the current price, targeting the resistance level at 0.8883)
* Short entry: 0.85 (if the price breaks below the current price, targeting the support level at 0.6338)
* Spot buy price: 0.845 (slightly above the EMA7, considering the overall bullish trend)
Please keep in mind that this analysis is based on a single time frame and you should consider multiple time frames and other technical/fundamental factors before entering a trade.