Price: 0.5343 | EMA7: 0.53 | EMA25: 0.54 | RSI14: 45.31 | Resistance: 0.69 | Support: 0.4743 | Average Volume: 5183666.04 | Volume Trend: Decreasing
Based on the 4h chart, here's my technical analysis:
**Short-term bias:** Bearish
**Long-term bias:** Neutral
**Entry advice:**
* **Short entry:** 0.5300 with a stop-loss at 0.5430, targeting 0.4900.
* **Long entry:** 0.5100 with a stop-loss at 0.4900, targeting 0.5600.
**Spot buy advice:** Wait for a breakout above the EMA25 (0.5448) with a stop-loss at 0.5300, targeting 0.5900.
**Reasoning:**
The RSI14 indicates a neutral zone, while the MACD is bearish. The EMA7 is below EMA25, suggesting a short-term bearish trend. The decreasing volume trend adds to the bearish sentiment. However, the long-term bias is neutral due to the flat EMA25.
Please note that these are short-term trading ideas and may not be suitable for all traders. It's essential to combine technical analysis with fundamental analysis and risk management techniques before making any trading decisions.