Price: 7.69 | EMA7: 7.76 | EMA25: 7.91 | RSI14: 43.15 | Resistance: 9.19 | Support: 7.39 | Average Volume: 141855.27 | Volume Trend: Decreasing
Based on the given technical analysis of INJUSDT at the 4-hour chart, here's an assessment and possible trading advice:
**General Observations:**
- The price is currently at 7.69, near the support level of 7.39, indicating a possible bullish sign.
- The EMA7 is slightly above the price, indicating a short-term bearish trend.
- EMA25 is higher, indicating a mid-term bearish trend.
- The RSI14 is below 50, indicating a neutral zone and possibility of a reversal.
- MACD is negative, indicating a bearish trend.
- Volume is decreasing, which can be a warning sign.
**Advice:**
- **Long Entry:** Wait for a clear breakout above the EMA7, preferably when the price touches the support level of 7.39. A long entry can be considered with a price between 7.50-7.60.
- **Short Entry:** Wait for a confirmation of the bearish trend by a price breakout below support, preferably with a volume increase. A short entry can be considered with a price above 7.70.
- **Spot Buy:** Buy when the price breaks above the support level with a high volume and EMA7 is above the price. A good spot to buy can be around 7.40-7.50.
**Note:** All advice should be used with a margin of 20-30% for stop-loss and risk management purposes, and based on your overall investment strategy and risk tolerance.