Price: 0.2065 | EMA7: 0.21 | EMA25: 0.22 | RSI14: 34.55 | Resistance: 0.2527 | Support: 0.1953 | Average Volume: 296807.79 | Volume Trend: Decreasing
Based on the given technical analysis of GLMUSDT at the 4h timeframe, here's a brief analysis:
- **Trend:** The EMA7 is below EMA25, indicating a bearish trend.
- **Oversold:** RSI14 is at 34.55, which is oversold but not extremely so.
- **Momentum:** The MACD is negative, indicating bearish momentum.
- **Volume:** The average volume is decreasing, which could be a sign of weak bearish momentum.
**Recommendations:**
1. **Long Short:** A potential long short entry could be at 0.194 (around support) for a tight SL (below the swing low) with a TP at 0.216 (just above EMA25).
2. **Spot Buy:** It's difficult to advise buying due to the bearish trend and decreasing volume. However, a potential spot buy could be at 0.20 with a stop loss at 0.195 and a take profit at 0.226.