Price: 0.05457 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 54.92 | Resistance: 0.06706 | Support: 0.04994 | Average Volume: 13058007.44 | Volume Trend: Decreasing
Based on the 4-hour chart, here's my technical analysis:**
The RSI (54.92) indicates a neutral bias, while the MACD is slightly bullish. The EMAs are both trending upwards, with the EMA7 above the EMA25, suggesting a short-term bullish momentum.
**Long/Short Entry Advice:**
* Long: 0.0555 (above the current price) with a stop-loss at 0.0541 (below the EMA25)
* Short: 0.0535 (below the current price) with a stop-loss at 0.0551 (above the current price)
**Spot Buy Price:**
* Consider buying around 0.0548, which is near the EMA7 and could act as a support level.
Keep in mind that the overall volume trend is decreasing, which might indicate a possible consolidation phase. Be cautious and monitor the price action closely before making any trading decisions.