Price: 0.01001 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 46.24 | Resistance: 0.01139 | Support: 0.00928 | Average Volume: 50051424.41 | Volume Trend: Decreasing
Based on the 4-hour chart analysis for JASMYUSDT, it appears that the current price stands at 0.01001 USDT. Considering the given metrics, I will provide recommendation on the best entry prices for both long and short positions. In addition, I will also offer a suggested spot buy price.
For Long (Bullish) Entry Price Recommendation:
- Based on the recent prices and moving averages, an ideal entry point for going long might be around the EMA25 (0.010099694003175) price, which is currently slightly above 0.01001.
For Short (Bearish) Entry Price Recommendation:
- As the prices are moving away from the support level (0.00928), a short position could be considered at the Support level (0.00928) if the price rebounds and fails to break above the current resistance level (0.01139).
For Spot Buy Recommendation:
- Based on the technical indicators and current market conditions, a suggested spot buy price would be near the EMA7 (0.010013892786179) moving average, which is just slightly higher than the current market price (0.01001).
Bear in mind that these recommendations are subject to market volatility. Always practice risk management and manage your investments wisely. Additionally, it is highly recommended to consult with financial advisors or conduct thorough research before making any investment decisions.