Price: 0.1658 | EMA7: 0.17 | EMA25: 0.16 | RSI14: 71.38 | Resistance: 0.1673 | Support: 0.1327 | Average Volume: 287147.64 | Volume Trend: Decreasing
Based on the provided hourly chart analysis for ONTUSDT:
1. Best Long Entry Price: Await a pullback towards the Support level of 0.1327 before considering a Long entry. Ensure the RSI oversold reading is crossed above 30 before taking the position.
2. Best Short Entry Price: Wait for a breakout above Resistance of 0.1673, followed by a retracement to a significant support level or close below the EMA25 to initiate a Short entry. Monitor price action closely for appropriate entry points.
3. Best Spot Buy Price: Once RSI oversold reading is crossed above 30, look for a consolidation pattern in the MACD indicator, and price holding within the Bollinger Bands middle line before placing a spot buy order at the current price of around 0.1658.
Please note that market dynamics can change rapidly, so make sure to stay up to date with price action before finalizing any trades. Always consider your own risk tolerance and consult with a financial advisor before making any investment decisions.