Price: 0.0586 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 46.83 | Resistance: 0.0618 | Support: 0.0564 | Average Volume: 755351.7 | Volume Trend: Increasing
Based on the 1h technical analysis, here's my assessment:
The RSI is at 46.82, indicating a neutral zone. The MACD is slightly bullish, but the EMAs are in a bearish alignment (EMA7 < EMA25). The price is above the support level of 0.0564 and below the resistance level of 0.0618.
**Advice:**
* Long: Wait for a break above the resistance level of 0.0618 with a stop-loss at 0.0595. Entry price: 0.062.
* Short: Sell below the support level of 0.0564 with a stop-loss at 0.058. Entry price: 0.0558.
* Spot Buy: Consider buying at 0.059 with a stop-loss at 0.0568, targeting 0.0615.
Please note that this is a short-term analysis and is subject to change. Always use proper risk management and trading strategies.