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📊 Analysis: MLNUSDT (4h)

Price: 6.79 | EMA7: 6.92 | EMA25: 7 | RSI14: 36 | Resistance: 7.95 | Support: 6.57 | Average Volume: 11618.24 | Volume Trend: Increasing

🤖 AI Insight

For MLNUSDT on the 4H chart:

- Current price is 6.79, below both EMA7 (6.92) and EMA25 (7.00), indicating a bearish trend.
- RSI14 is at 35.99, suggesting the asset is approaching oversold territory, potentially nearing a reversal.
- MACD is negative, reinforcing the bearish sentiment.

**Long Entry:** Consider a long position around 6.57 (support level) with a stop loss slightly below.
**Best Long Entry Price:** 6.57
**Stop Loss:** 6.40

**Short Entry:** If the price bounces off the current levels and heads towards resistance, consider shorting around 7.95.
**Best Short Entry Price:** 7.95
**Stop Loss:** 8.20

**Spot Buy:** Given the current trend and indicators, a spot buy could be considered around 6.57, as it is a strong support level and RSI indicates potential oversold conditions.
**Best Spot Buy Price:** 6.57