Price: 0.6516 | EMA7: 0.65 | EMA25: 0.64 | RSI14: 54.76 | Resistance: 0.6774 | Support: 0.5566 | Average Volume: 295944.96 | Volume Trend: Increasing
Based on the 1-hour chart, KDAUSDT is showing a bullish trend. Here are my recommendations:
* Long/Short Entry Prices:
+ For a long entry, consider buying at 0.6580 (just above the EMA7) to profit from a potential breakout above the resistance level.
+ For a short entry, consider selling at 0.6460 (just below the EMA25) to profit from a potential breakdown below the support level.
* Best Spot Buy Price:
+ Based on the RSI and MACD indicators, I would suggest buying at 0.6590, where the RSI is moderately oversold and the MACD is about to flash a buy signal. This could be a good entry point for a long position.