Price: 0.00957 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 42.95 | Resistance: 0.01143 | Support: 0.00803 | Average Volume: 26877917.75 | Volume Trend: Decreasing
Based on the 4-hour chart, here's my technical analysis of ONEUSDT:
* The current price (0.00957) is below the EMA7 and EMA25, indicating a bearish trend.
* The RSI14 is 42.95, which is neutral, but leaning towards oversold territory.
* The MACD is negative, confirming the bearish trend.
* The resistance level is at 0.01143, and the support level is at 0.00803.
Advice:
* Short entry: Consider selling around 0.0098-0.0100, targeting 0.0085-0.0088, with a stop-loss above 0.0105.
* Long entry: Wait for a bounce from the support level (0.00803) or a clear break above the EMA25 (0.00980). Target 0.0105-0.0110, with a stop-loss below 0.0078.
* Spot buy price: Consider buying around 0.0085-0.0088, targeting 0.0100-0.0105, with a stop-loss below 0.0078.
Keep in mind that the decreasing volume trend might indicate a potential reversal, so be cautious and adjust your position size accordingly.