Price: 0.1949 | EMA7: 0.19 | EMA25: 0.18 | RSI14: 74.7 | Resistance: 0.2035 | Support: 0.1559 | Average Volume: 2557500.4 | Volume Trend: Decreasing
Based on the 4-hour chart of LUNAUSDT:
- The price is currently at 0.1949, above both EMA7 (0.1912) and EMA25 (0.1798), indicating a bullish trend.
- RSI14 is at 74.70, suggesting the asset is overbought, which might lead to a pullback.
- MACD is positive, supporting the bullish momentum.
- The resistance is at 0.2035, and support is at 0.1559.
**Advice:**
- For a **Long position**, consider entry around 0.1850 (near EMA7) if the price pulls back; a break above 0.2035 could be a strong buy signal, but it's risky due to the current overbought condition.
- For a **Short position**, consider entry if the price breaks below EMA7 (0.1912) and further below EMA25 (0.1798), with a stronger signal if it breaks below 0.1559. Immediate shorting is risky due to the bullish trend.
- **Spot Buy**: A safer spot buy price could be around 0.1850 or lower, if the price retraces to EMA7 or slightly below. However, if you're looking for a confirmation of trend continuation, a break above 0.2035 with a strong volume could be a buy signal, but be cautious of the overbought RSI.