Price: 0.0451 | EMA7: 0.05 | EMA25: 0.05 | RSI14: 41.2 | Resistance: 0.0555 | Support: 0.0408 | Average Volume: 4844334.14 | Volume Trend: Decreasing
In the given 4-hour technical analysis of VOXELUSDT, we can draw the following insights for both entering long and short positions, along with the best spot buy price:
1. Long Position Entry Price: According to the analysis, the EMA25 (support level) is at 0.046344598820716. Since the current price is around 0.0451, it is advisable to enter long positions once the price crosses above this support level. This suggests a potential buy signal around the price of 0.0453-0.0454.
2. Short Position Entry Price: As the technical indicators show a possible bearish trend, it is advisable to enter short positions when the price crosses below the support level at 0.0408. Therefore, a potential sell signal can arise when VOXELUSDT trades around 0.0409-0.0410.
3. Best Spot Buy Price: Considering the current price around 0.0451 and the support level at 0.0453-0.0454 mentioned earlier, the best spot buy price for likely long positions would be around 0.0453-0.0454.
Please note that technical analysis is based on historical price data and cannot guarantee future price movements. Always make sure to consider your risk tolerance and conduct thorough research before making any trading decisions.