Price: 0.368 | EMA7: 0.37 | EMA25: 0.38 | RSI14: 40.48 | Resistance: 0.5866 | Support: 0.351 | Average Volume: 11707547.6 | Volume Trend: Decreasing
Based on the 4h chart, here's my analysis:
* The price is below both EMA7 and EMA25, indicating a bearish trend.
* RSI14 is at 40.48, which is close to the oversold zone (below 30). This could be a sign of a rebound.
* MACD is negative, supporting the bearish trend.
* The resistance level is far away at 0.5866, making it a distant target.
* The support level is relatively close at 0.351, and the price is not far from it.
* The volume trend is decreasing, which could indicate a consolidation phase.
**Long/Short entry prices:**
* Long: 0.355) - If the price bounces off the support level and forms a bullish reversal pattern, consider a long entry.
* Short: 0.375 (above EMA7) - If the price breaks out above EMA7 and fails to sustain, consider a short entry.
**Spot buy price:**
* 0.355 - If the support level holds and the price bounces, consider a spot buy at 0.355.