Price: 1546.9 | EMA7: 1550.17 | EMA25: 1547.46 | RSI14: 49.52 | Resistance: 1892.8 | Support: 1451 | Average Volume: 787.11 | Volume Trend: Decreasing
Based on the 4-hour chart of MKRUSDT, here's my analysis:
The price is currently trading above the EMA25 at 1547.46, indicating a bullish trend. The RSI is at 49.5, which is neutral, and the MACD is negative but showing a slight uptick, indicating potential bullish momentum.
Given this, I would recommend the following:
* Long/Short entry prices: 1530-1535, as this range offers reasonable risk-reward ratios and is away from the short-term resistance at 1550.
* Spot buy price: 1520-1525, as this is a good entry point for those looking to enter a long position, and it's before the next potential resistance at 1540.
Please note that this is just an analysis and not a trading signal. It's essential to use this information in conjunction with your own risk assessment and trading strategy.