Price: 0.641 | EMA7: 0.65 | EMA25: 0.65 | RSI14: 29.82 | Resistance: 0.697 | Support: 0.641 | Average Volume: 17624.96 | Volume Trend: Decreasing
Based on the technical analysis of MTLUSDT at 1h:
**Trend:** Bearish, as indicated by the price being below EMA7 and EMA25, and the MACD being negative.
**RSI:** Oversold at 29.82, which may lead to a short-term bounce.
**Entry Prices:**
* **Long Entry:** Consider buying around 0.635 (support level, 0.641 - 0.006 = 0.635, a small buffer for potential dip) or at EMA7 (0.645) if it acts as a dynamic support. Target: 0.653 - 0.697.
* **Short Entry:** Consider selling around 0.649 (between EMA7 and EMA25) or at 0.697 (resistance level). Target: 0.641 or lower.
**Spot Buy Price:** For a relatively safer entry, consider buying at 0.635, where support and potential oversold bounce converge.
**Volume Trend:** Decreasing volume suggests that the selling pressure might be weakening. A increasing volume would be needed to confirm a strong trend.
Keep an eye on the price action and indicators for confirmation before making a trade.