Price: 0.001036 | EMA7: 0 | EMA25: 0 | RSI14: 37.88 | Resistance: 0.001309 | Support: 0.00102 | Average Volume: 79348960.18 | Volume Trend: Decreasing
Based on the 4h SLPUSDT analysis:
- The price is below EMA7 and EMA25, indicating a downtrend.
- RSI14 is nearing oversold territory (37.88), potentially setting up for a bounce.
- MACD is negative, reinforcing the downtrend.
Best Long entry: around 0.00102 (support level) with a stop loss below it.
Best Short entry: around 0.001064 (EMA7) or 0.001086 (EMA25) with a stop loss above the resistance at 0.001309.
Best spot buy price: around 0.00102.