Price: 0.0606 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 49.28 | Resistance: 0.0682 | Support: 0.0587 | Average Volume: 460417.92 | Volume Trend: Decreasing
Based on the 1-hour chart, here's my analysis:
The RSI is neutral, MACD is bearish, and the volume trend is decreasing, indicating a potential sell-off. However, the price is still above the support level of 0.0587.
**Recommendations:**
1. **Short Entry:** If the price breaks below 0.0587, with a stop-loss at 0.0610, targeting 0.0560.
2. **Long Entry:** If the price bounces off the support level of 0.0587, with a stop-loss at 0.0575, targeting 0.0630.
3. **Spot Buy:** If the price breaks above the resistance level of 0.0682, with a stop-loss at 0.0665, targeting 0.0720.
Please note that these are speculative recommendations and not investment advice. It's essential to consider your risk tolerance, market conditions, and overall trading strategy before making any trading decisions.