Price: 3.855 | EMA7: 4.02 | EMA25: 3.89 | RSI14: 49.07 | Resistance: 4.331 | Support: 2.789 | Average Volume: 411650.42 | Volume Trend: Increasing
Based on the 1h chart analysis of ICPUSDT:
1. **Long Position:**
- Considering the EMA7 is above EMA25 (indicating an upward trend),
- RSI14 (49) is within a neutral zone,
- MACD has a positive reading and a rising trendline,
- I recommend a long entry at the current price or below the EMA25 (3.8942547930044)
to catch a pullback.
- Best long entry price: 3.80
2. **Short Position:**
- Since the price is approaching the EMA25,
- I recommend short entry at or above EMA25 (3.8942547930044)
- or at the resistance level of 4.331
- Best short entry price: 4.30
3. **Spot Buy:**
- Based on the overall trend and increasing volume,
- it appears the market is gaining momentum
- I recommend buying at the current price or below the EMA25 (3.8942547930044)
- Best spot buy price: 3.80
Keep in mind that this analysis is based on 1h chart data and may not be applicable on larger time frames. It is essential to consider more factors and use proper risk management before making any trading decisions.