Price: 0.05982 | EMA7: 0.06 | EMA25: 0.06 | RSI14: 45.44 | Resistance: 0.07044 | Support: 0.05537 | Average Volume: 9019556.07 | Volume Trend: Decreasing
Based on the 4h chart, I recommend the following:
For Long/Short entry:
* Long entry: 0.0585 (just above the Support level) with a Stop-Loss at 0.0565. Take-Profit at 0.0625 (the first level of Resistance).
* Short entry: 0.0615 (just below the EMA25) with a Stop-Loss at 0.0635. Take-Profit at 0.0575 (near the Support level).
For Spot Buy:
* 0.0565 (Support level) with a Stop-Loss at 0.0545. This price provides a solid support and could potentially rebound.
Note: The EMA25 and Resistance levels suggest a potential uptrend, while the MACD is neutral. The RSI is oversold, and the Volume Trend is decreasing, indicating a lack of momentum.