Price: 0.05072 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 56.12 | Resistance: 0.098 | Support: 0.0372 | Average Volume: 13680617.52 | Volume Trend: Increasing
Based on the 4-hour chart for MAVUSDT, here's my analysis:
The current price of $0.05072 is above the EMA7 ($0.05228) and below the EMA25 ($0.04844), indicating a bearish trend. The RSI (56.12) suggests the price is neither overbought nor oversold.
The MACD is moving upward, indicating a potential bullish reversal.
Considering the strong increasing volume trend, I would recommend a Long/Short entry at:
**Long Entry:** $0.0450 (near the support level of $0.0372)
**Best Spot Buy:** $0.0420 (based on the RSI, MACD, and increasing volume trend)
Please note that this is a technical analysis and does not guarantee a successful trade. It's essential to set proper stop-loss and take-profit levels before entering any trade.