Price: 0.00977 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 42.52 | Resistance: 0.01741 | Support: 0.0071 | Average Volume: 56204920.87 | Volume Trend: Decreasing
Based on the 4-hour chart of PDAUSDT:
- The price is currently at 0.00977, below both EMA7 (0.01041) and EMA25 (0.01103), indicating a downtrend.
- RSI14 is at 42.516, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative, reinforcing the downtrend.
- Resistance is at 0.01741, and support is at 0.0071.
**Advice:**
- **Long Entry:** Consider entering long around 0.0071 (support level) if it reaches there with a stop loss below it. Alternatively, wait for a strong bullish reversal signal above EMA7 and EMA25.
- **Short Entry:** A short position could be considered around 0.0104 (EMA7) or 0.01103 (EMA25) if the price bounces back to these levels, with a stop loss above EMA25 or the resistance at 0.01741.
- **Spot Buy:** The best spot buy price would be around the support level of 0.0071, with a strong confirmation of reversal.