🤖 AI Insight

Based on the 4-hour chart of VELODROMEUSDT, here's my analysis:

The price is trading below the EMA25, indicating a bearish trend. The RSI is in the neutral zone (30-70), and the MACD is trending downwards. This suggests that the price may continue to decline.

As for entry prices:

For a Long position, I would look for a buy signal around the Support level at 0.0483, as it's a decent entry point to ride the potentially increasing momentum.

For a Short position, I would look for an entry point around 0.0535-0.0550, where the price may encounter resistance and be more likely to stop and reverse.

As for the best spot buy price:

Assuming the price breaks above the Resistance level at 0.0588, I would recommend buying at around 0.0590-0.0592, as it's a level of interest and a potential bounce point.

Please keep in mind that this is just a technical analysis, and you should always consider other factors, such as fundamental analysis and risk management, before making any trading decisions.