Price: 130.42 | EMA7: 130.27 | EMA25: 130.03 | RSI14: 53.46 | Resistance: 135.17 | Support: 126.57 | Average Volume: 85.28 | Volume Trend: Increasing
Based on the 1h chart of GNOUSDT, I'd say the trend is neutral with a slight bias towards a potential uptick. Here are my recommendations:
1. Long/Short entry prices:
* Long: Consider buying at Resistance at 135.17 or if the price breaks above it, taking profits around 137-138.
* Short: Consider selling at Support at 126.57 or if the price breaks below it, taking profits around 124-123.
2. Best spot buy price:
* The EMA25 is acting as support, and the RSI is in a neutral zone, indicating a potential buying opportunity. I'd recommend buying at the current price of 130.42 or at a slight pullback to 129-130. This would give the price room to climb towards Resistance.
Keep in mind that Technical Analysis is not a guarantee of future results, and it's always important to consider your own risk tolerance and market conditions before making any trades.