Price: 0.00074 | EMA7: 0 | EMA25: 0 | RSI14: 40.15 | Resistance: 0.000881 | Support: 0.000694 | Average Volume: 293029170.41 | Volume Trend: Decreasing
Based on the 4h technical analysis of NOTUSDT:
- The price is around 0.00074, which is between the EMA7 and EMA25, indicating a neutral short-term trend.
- RSI14 is at 40.15, which is below 50, suggesting a slight bearish momentum.
- The MACD is close to zero, indicating a neutral momentum.
Entry strategy:
- Short NOTUSDT around 0.00077 (above EMA25) with a target around 0.00070 (support level) and stop-loss around 0.00080.
- Long NOTUSDT around 0.00069 (support level) with a target around 0.00081 (resistance level) and stop-loss around 0.00066.
Spot buy price:
- Considering the decreasing volume trend and price hovering around the EMA25, it's challenging to identify a clear buying opportunity. However, a bullish reversal pattern around the support level of 0.00069 could be a good entry point.
Please note that this analysis is for educational purposes only and should not be considered as investment advice. It's essential to consider multiple timeframes and other technical indicators before making any trading decisions.