Price: 0.0665 | EMA7: 0.07 | EMA25: 0.07 | RSI14: 49.39 | Resistance: 0.088 | Support: 0.058 | Average Volume: 16100777.66 | Volume Trend: Decreasing
Based on the 4h technical analysis of OGNUSDT, here's my conclusion:
**Current Situation:** The price of Ognus is around 0.0665, which is near the support level of 0.0665. The RSI14 is at 49.39, indicating a neutral market condition.
**Trend:** The EMA7 and EMA25 are almost identical, indicating a neutral trend.
**Indicators:**
- RSI14: Neutral (49.39)
- MACD: Bearish (-0.00039134606000371)
**Volume:** The Average Volume is 16,100,778, and the Volume Trend is decreasing.
**Recommendation:**
1. Short entry: Consider selling Ognus when the price touches the resistance level of 0.088, as the indicators suggest a bearish trend.
2. Long entry: Wait for a confirmation signal when the price touches the support level of 0.058. A long entry can be considered when the RSI14 crosses below 30 and the MACD turns bullish.
3. Spot Buy: I would recommend waiting for a better opportunity to buy Ognus, considering the neutral market condition and decreasing volume trend. A spot buy can be considered when the price touches the support level of 0.058 and the indicators suggest a bull trend.
**Note:** These are just technical analysis recommendations, and there's always an inherent risk in trading. It's essential to consider other factors like fundamental analysis, news, and market conditions before making any investment decisions.