← Back to Home

📊 Analysis: NMRUSDT (4h)

Price: 7.49 | EMA7: 7.49 | EMA25: 7.37 | RSI14: 55.6 | Resistance: 8.18 | Support: 6.42 | Average Volume: 18469.44 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 4H chart analysis of NMRUSDT:

**Trend:** The price is currently above both EMA7 (7.49) and EMA25 (7.37), indicating a short-term bullish trend.

**Indicators:**

* RSI14 (55.60) is in the neutral zone, not indicating overbought or oversold conditions.
* MACD (0.0857) is positive, suggesting upward momentum.

**Levels:**

* Resistance: 8.18, a potential target for longs if the price breaks through.
* Support: 6.42, a potential stop-loss level for longs or a target for shorts.

**Volume:**

* Average Volume: 18,469.44, relatively low.
* Volume Trend: Decreasing, which may indicate a lack of conviction in the current trend.

**Entry Prices:**

* **Long Entry:** Consider buying on a pullback to EMA7 (7.49) or EMA25 (7.37) for a safer entry. A more aggressive long entry could be around 7.60, with a stop-loss below 7.37.
* **Short Entry:** Consider shorting on a break below 7.37 or at the resistance level of 8.18 if the price fails to break through.

**Spot Buy Price:** For a spot buy, consider accumulating around 7.40-7.45, which is near the EMA25 and provides a relatively safe entry with a potential for upward movement.

Keep in mind that these are just technical suggestions, and market conditions can change rapidly. Always manage your positions with proper risk management techniques.