Price: 0.0368 | EMA7: 0.04 | EMA25: 0.04 | RSI14: 35.57 | Resistance: 0.069 | Support: 0.01 | Average Volume: 84626648.4 | Volume Trend: Decreasing
Based on the 4h chart, here's my analysis:
* The stock is in a bearish trend, with prices below both the EMA7 and EMA25.
* RSI is relatively low, indicating oversold conditions, but not yet in the strong oversold zone.
* MACD is below zero, confirming the bearish trend.
* Volume trend is decreasing, indicating a lack of interest from buyers.
Advice:
* Long entry: Wait for a bullish MACD crossover and a break above the EMA7 (around 0.0383) with a stop-loss at 0.0355. Target 0.0415.
* Short entry: Look for a rejection at the EMA25 (around 0.0397) with a stop-loss at 0.041. Target 0.0345.
* Spot buy: If you must enter now, do so at the current price (0.0368) with a tight stop-loss at 0.0355, but be cautious due to the overall bearish trend.
Please keep in mind that this analysis is based on a 4h chart and may not reflect the stock's behavior on other timeframes. Always use proper risk management and consider multiple timeframes before making trading decisions.