Price: 0.003671 | EMA7: 0 | EMA25: 0 | RSI14: 48.95 | Resistance: 0.003997 | Support: 0.00353 | Average Volume: 20448367.46 | Volume Trend: Decreasing
Based on the 4h chart of IQUSDT, here's my analysis:
* The asset is in a slight downtrend, with decreasing volume, indicating a bearish sentiment.
* The RSI14 is around 48, indicating a moderately neutral zone, with a slight bullish bias.
* The MACD is flat, indicating a lack of strong momentum.
* The EMA7 is below the EMA25, but the difference is relatively small, indicating a slight weakness in the bull trend.
* Resistance is at 0.003997, and support is at 0.00353.
My advice would be:
* Long/Short entry: Consider entering a short position around 0.00365-0.00370, as the price has been ranging and is approaching the support level.
* Best spot buy price: If you're looking to buy, consider doing so around 0.00340-0.00350, as this price range is close to the support level and could potentially bounce off it.
Please note that this is a technical analysis and not financial advice. It's essential to consider other factors, such as market news, events, and fundamental analysis, before making any trading decisions.