Price: 7.613 | EMA7: 7.6 | EMA25: 7.55 | RSI14: 55.47 | Resistance: 8.451 | Support: 7.109 | Average Volume: 26018.78 | Volume Trend: Decreasing
Based on the technical analysis of ORDIUSDT at 1h:
- The price is above both EMA7 and EMA25, indicating a short-term bullish trend.
- RSI14 is around 55.47, suggesting the asset is not overbought or oversold.
- MACD is positive, supporting the bullish sentiment.
- The closest resistance is at 8.451, and support is at 7.109.
**Advice:**
- **Long Entry:** Consider entering long around 7.65 (slightly above current price to ensure upward momentum continues) with a stop-loss below 7.109.
- **Short Entry:** Consider shorting around 8.3 (as it approaches resistance) with a stop-loss above 8.451.
- **Spot Buy:** The best spot buy price could be around 7.2-7.3, closer to the support level, for a more conservative entry.
Keep in mind that technical analysis is not foolproof, and other factors like market sentiment and news should also be considered.