Price: 100 | EMA7: 103.02 | EMA25: 107.37 | RSI14: 23.54 | Resistance: 131.3 | Support: 99.3 | Average Volume: 720.21 | Volume Trend: Decreasing
Based on the 4h chart, GNOUSDT is in a bearish trend. The RSI14 is oversold at 23.54, indicating a potential bounce. However, the MACD is bearish and the EMA7 and EMA25 are trending down.
Long Entry: Wait for a bullish RSI divergence or a break above the EMA7 (103.02) with a stop loss below the recent low (99.3).
Short Entry: Sell at the current price (100) with a target at the support level (99.3) and a stop loss above the EMA7 (103.02).
Spot Buy Price: 98.5 (just above the support level) with a stop loss at 97.
Please note that these are technical analysis recommendations and should be used in conjunction with proper risk management and fundamental analysis.