Price: 0.07 | EMA7: 0.07 | EMA25: 0.07 | RSI14: 41.24 | Resistance: 0.0769 | Support: 0.0652 | Average Volume: 708942.42 | Volume Trend: Decreasing
Based on the 1-hour chart analysis:
**Short-term bias:** Bearish
**Reasoning:**
* EMA7 is below EMA25, indicating a bearish trend.
* RSI14 is below 50, suggesting bearish momentum.
* MACD is negative, corroborating the bearish bias.
**Entry recommendations:**
* **Short entry:** 0.0695 (just below the EMA7) with a target of 0.0652 (support level).
* **Long entry:** 0.0655 (just above the support level) with a target of 0.0715 (around the EMA25).
* **Spot buy:** 0.0665, as it's close to the support level and offers a relatively low-risk entry point.
**Caution:** Decreasing volume trend may indicate a lack of conviction in the current price action, making it essential to set stop-losses and monitor the trade closely.