Price: 0.0704 | EMA7: 0.07 | EMA25: 0.07 | RSI14: 54.27 | Resistance: 0.0835 | Support: 0.0522 | Average Volume: 9106543.19 | Volume Trend: Decreasing
Based on the 4h chart, here's my analysis:
The price is bearish, trading below EMA7 and EMA25. The RSI14 is in the neutral zone, and the MACD is bullish but weakening.
Short-term entry strategy:
Short: 0.0695 (just below the EMA7), target 0.0660, stop-loss 0.0725.
Long-term entry strategy:
Long: 0.0650 (above the EMA25), target 0.0800, stop-loss 0.0600.
Spot buy price: 0.0680, considering the decreasing volume trend and the proximity to the support level.
Please keep in mind that this is a brief analysis and not personalized investment advice. It's essential to do your own research and consider your risk tolerance before making any trading decisions.