Price: 1.236E-5 | EMA7: 0 | EMA25: 0 | RSI14: 47.38 | Resistance: 1.351E-5 | Support: 1.183E-5 | Average Volume: 241189771467.79 | Volume Trend: Decreasing
For SHIBUSDT at 4h:
- Current price is 1.236E-5.
- EMA7 (1.238E-5) and EMA25 (1.242E-5) are above the current price, indicating a downtrend.
- RSI14 is at 47.38, not oversold or overbought.
- MACD is negative, aligning with the downtrend.
- Resistance is at 1.351E-5, and support is at 1.183E-5.
**Advice:**
- For a **Long position**, consider entry around the support level of 1.183E-5, with a stop loss below this level.
- For a **Short position**, a good entry could be around 1.25E-5 (closer to EMA7 or slightly above), with a stop loss above the EMA25 or at 1.3E-5.
- **Spot Buy**: Consider buying around 1.183E-5 if you're looking for a spot entry, understanding that the price has to hold above this support.
Keep in mind, technical analysis is not foolproof, and market conditions can change. Manage your risk accordingly.