Price: 0.644 | EMA7: 0.65 | EMA25: 0.66 | RSI14: 37.88 | Resistance: 0.721 | Support: 0.592 | Average Volume: 101246.38 | Volume Trend: Decreasing
Based on the 4h technical analysis of MTLUSDT:
- The price (0.644) is below EMA7 (0.64854579364429) and EMA25 (0.66130468519583), indicating a bearish trend.
- RSI14 (37.883165364778) is below 50, also suggesting a bearish trend.
- MACD (-0.0070621618323461) is negative, confirming the bearish trend.
Best Long entry: Wait for a breakout above the resistance (0.721) or a bounce from the support (0.592).
Best Short entry: Consider shorting near the resistance (0.721) or the current price (0.644) if it fails to break above EMA7 (0.64854579364429).
Best Spot buy price: 0.592 (support level) for a potential long-term hold.