Price: 0.896 | EMA7: 0.9 | EMA25: 0.9 | RSI14: 44.82 | Resistance: 1.106 | Support: 0.822 | Average Volume: 139461.89 | Volume Trend: Decreasing
Based on the 4h chart, here's my technical analysis:
The current price (0.896) is below both EMA7 (0.897580) and EMA25 (0.904959), indicating a bearish trend. The RSI14 (44.817) is also in the neutral zone, leaning towards oversold territory. The MACD (-0.004508) is below zero, further confirming the bearish sentiment.
Considering these indicators, I would suggest:
**Short Entry:** 0.892 (just below the current price) with a Stop Loss at 0.908 (above EMA25).
**Long Entry:** 0.868 (near the support level of 0.822) with a Stop Loss at 0.858.
**Spot Buy Price:** 0.868 (near the support level of 0.822) for a potential bounce.
Please keep in mind that this analysis is based on a single time frame and it's always recommended to combine multiple time frames and indicators for a more comprehensive view.