Price: 0.001292 | EMA7: 0 | EMA25: 0 | RSI14: 31.95 | Resistance: 0.001685 | Support: 0.001277 | Average Volume: 225222865.76 | Volume Trend: Decreasing
Based on the 4-hour MBLUSDT chart, we can observe the following:
- The price is currently at 0.001292, below the EMA7 (0.0013434013350251) and EMA25 (0.0013728053974663), indicating a bearish trend.
- RSI14 (31.950084813443) is in the oversold zone, suggesting a potential short-term bounce.
- MACD is slightly negative, but not very strong.
- Volume Trend is decreasing.
Given the situation:
Long/Short entry price advice:
- Long entry: Consider waiting for the price to reach a higher EMA, ideally above the EMA7 or EMA25. Look for a bounce from the 0.001277 support level. Long entry price: 0.0013.
- Short entry: Since the price is already below the EMAs, consider shorting when it bounces from the 0.001277 support level. Short entry price: 0.00128.
Best spot buy price:
- Considering the RSI14 in the oversold zone, a potential buy signal could occur when the price approaches the 0.001277 support level and shows signs of rebounding from oversold conditions. Spot buy price: Wait for confirmation from other indicators or a clear sign of reversal.
Please note that these are general advice and not specific buy or sell signals, and always perform your own risk assessment before entering any trades.