Price: 0.02212 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 32.51 | Resistance: 0.02425 | Support: 0.0221 | Average Volume: 2485450.44 | Volume Trend: Decreasing
Based on the 1-hour chart of GUNUSDT, here's my analysis:
* Trend: Bullish, with EMA7 crossing above EMA25, indicating a potential uptrend.
* RSI: Oversold, with a value of 32.51, indicating a potential bounce.
* MACD: Showing a bearish crossover, but with a weak signal.
Recommendation:
* Long/Short Entry: Consider a long entry at around 0.0223-0.0225, just above the current price and above the EMA7 support. For a short entry, consider around 0.0232-0.0234, just below the resistance level.
* Spot Buy: If you're looking to buy, consider doing so at around 0.0224-0.0225, as this level seems to be forming a possible support. Be cautious of the decreasing volume trend and keep an eye on the MACD to ensure it doesn't give a stronger bearish signal.