Price: 1.14 | EMA7: 1.1 | EMA25: 1.02 | RSI14: 77.57 | Resistance: 1.259 | Support: 0.835 | Average Volume: 7700910.25 | Volume Trend: Decreasing
Based on the 4h chart, here's my technical analysis:**
**Short-term trend: Bullish**
* RSI14 is overbought, but not yet in the "sell" zone.
* MACD is still in the positive territory, indicating upward momentum.
**Entry prices:**
* Long: 1.12 crossover above EMA25 (around 1.05) for a potential bounce to 1.20 (target) and 1.15 (stop-loss).
* Short: Break below EMA7 (around 1.095) with a target of 1.05 (near the support level) and 1.125 (stop-loss).
**Spot buy:**
* Consider buying at the current price of 1.14, targeting 1.20 and setting a stop-loss at 1.10.
Be cautious, as the RSI is overbought, and the volume trend is decreasing. Keep an eye on the indicators for any potential reversals.