← Back to Home

📊 Analysis: YGGUSDT (4h)

Price: 0.1139 | EMA7: 0.12 | EMA25: 0.12 | RSI14: 36.35 | Resistance: 0.151 | Support: 0.1122 | Average Volume: 4230815.48 | Volume Trend: Decreasing

🤖 AI Insight

For YGGUSDT at 4h:

- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 40, suggesting the asset might be oversold or nearing it, potentially leading to a bounce or consolidation.
- MACD is negative, reinforcing the bearish momentum.

Given the indicators:
- **Long Entry:** Consider going long around the support level of 0.1122, with a stop loss slightly below this level. A conservative entry could be at 0.1125, and a more aggressive entry could be around 0.108 (if it reaches there).
- **Short Entry:** For a short position, a break above EMA7 or EMA25 could be a signal, but given the current downtrend, consider shorting around 0.117-0.118 with a stop loss above EMA25 (around 0.122).
- **Spot Buy:** A good spot buy price could be around 0.108-0.112, considering the current downtrend and potential oversold condition.

Keep an eye on volume; a decreasing volume trend could indicate a weakening trend, potentially leading to a reversal or consolidation. Resistance at 0.151 is a significant level to watch for a potential reversal or continuation of the downtrend upon reaching it.