Price: 0.0621 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 67.26 | Resistance: 0.0638 | Support: 0.0486 | Average Volume: 1535222.47 | Volume Trend: Increasing
Based on the 1-hour chart of MBOXUSDT, here's a brief analysis:
The price is currently at 0.0621, slightly above EMA7 (0.06196), indicating a bullish trend. With RSI14 at 67.26, the asset is not overbought yet, leaving room for further upside. The MACD is positive, supporting the bullish momentum.
**Long Entry:** A good long entry would be around 0.0615-0.0620, slightly below or near the current price, with a stop loss below EMA7 or at 0.0605.
**Short Entry:** Considering the bullish trend, a short entry is not advisable at the moment. However, if the price hits the resistance at 0.0638 and shows signs of reversal, a short entry could be considered around 0.0635 with a stop loss above 0.064.
**Spot Buy:** A good spot buy price would be around 0.058-0.059, near the EMA25, if the price retraces. However, given the current trend, buying at a slight retracement to EMA7 or a minor pullback to 0.0615 could also be considered.
Keep an eye on the volume trend, which is increasing, supporting the current price movement.
**Disclaimer:** This analysis is for informational purposes and not a trading advice. Always do your own research and consider risk management.