Price: 3.772 | EMA7: 3.78 | EMA25: 3.76 | RSI14: 53.26 | Resistance: 4.085 | Support: 3.671 | Average Volume: 42068.72 | Volume Trend: Decreasing
Based on the 15m chart of RENDERUSDT:
- The price is currently at 3.772, slightly below EMA7 (3.775) and above EMA25 (3.759), indicating a potential bullish trend.
- RSI14 is at 53.258, which is neutral, suggesting neither overbought nor oversold conditions.
- MACD is positive (0.009497), supporting the bullish sentiment.
**Advice:**
- **Long Entry:** A break above EMA7 (3.775) with a confirmation of increasing volume could be a good long entry signal, targeting 3.8 and then 4.085. A more conservative entry could be at a pullback to EMA25 (3.759), currently around 3.759.
- **Short Entry:** If the price fails to break above EMA7 and reverses, a short entry could be considered below EMA25, targeting 3.671. However, the trend is currently bullish, so caution is advised.
- **Spot Buy:** A good spot buy price could be around 3.671 (support level) if the price pulls back to that level. For a less risky entry, waiting for a confirmation of a trend continuation above EMA7 is advisable.
Keep an eye on volume; a decreasing volume trend might indicate a weakening of the current trend.