Price: 2.08 | EMA7: 2.14 | EMA25: 2.19 | RSI14: 39.48 | Resistance: 2.89 | Support: 1.98 | Average Volume: 132624.23 | Volume Trend: Increasing
Based on the 4-hour chart, here's my technical analysis:**
The price is currently trading below the EMA7 and EMA25, indicating a bearish trend. The RSI14 is also below 50, suggesting a bearish momentum.
**Long/Short Entry Advice:**
* Short: 2.04 (just below the EMA7 level could act as a resistance, triggering a short entry)
* Long: 2.20 (above the EMA25 level could act as a support, triggering a long entry)
**Best Spot Buy Price:**
* 2.00 (close to the support level of 1.98, with a potential bounce-back)
Please keep in mind that these are just suggestions based on the current technical analysis. It's always recommended to combine technical analysis with fundamental analysis and risk management strategies before making any trades.