Price: 0.0373 | EMA7: 0.04 | EMA25: 0.04 | RSI14: 28.83 | Resistance: 0.0652 | Support: 0.0369 | Average Volume: 14542619.83 | Volume Trend: Decreasing
Based on the 4-hour technical analysis of HEMIUSDT:
1. **Bullish signs:**
- EMAs (7 and 25) are sloping upwards, indicating a possible uptrend revival.
- RSI (14) is below 50, indicating oversold conditions.
2. **Bearish signs:**
- Price is below the EMAs, showing price weakness.
- MACD is negative, indicating bearish momentum.
- Decreasing volume trend may indicate lack of buying interest.
3. **Recommendations:**
- **Short:** Entry price = 0.0365 (around the Support level), Target = 0.033, Stop-loss = 0.038 (Above the EMA7).
For a Long position:
- Wait for confirmation of a trend reversal, such as a close above the EMA7 or a bounce off the Support level.
- Entry price = 0.038 (Above the EMA7).
- Spot buy price: It seems the price has reached a low point due to the oversold conditions (RSI 28). So, a spot buy at or near 0.035 would seem like a reasonable strategy, given the price has dipped.
Please keep in mind that technical analysis is subjective, and this analysis serves as a suggestion. Always practice proper risk management when engaging in trading.