Price: 3.259 | EMA7: 3.24 | EMA25: 3.14 | RSI14: 67.45 | Resistance: 3.391 | Support: 2.937 | Average Volume: 1054795.02 | Volume Trend: Decreasing
Based on the 4-hour chart of TONUSDT:
- The price is currently at 3.259, above both EMA7 (3.235) and EMA25 (3.139), indicating a bullish trend.
- RSI14 is at 67.45, suggesting the asset is getting overbought but still has room to run.
- MACD is positive at 0.057, supporting the bullish momentum.
**Long Entry:** A pullback to EMA7 (around 3.235) or slightly below could be a good long entry opportunity, with a stop loss below EMA25 (3.139). However, if it breaks the current resistance at 3.391, it could signal a stronger uptrend.
**Short Entry:** Consider shorting if the price hits the resistance at 3.391 and shows signs of rejection, with a stop loss above 3.391.
**Spot Buy:** A good spot buy price could be around 2.937 (support level) if the price pulls back to that level. However, with the current trend, a safer entry might be waiting for a pullback to EMA7 or slightly below.
Keep in mind that decreasing volume might indicate weakening momentum, so it's crucial to monitor other indicators and market sentiment.