Price: 2.938 | EMA7: 2.94 | EMA25: 2.83 | RSI14: 68.22 | Resistance: 2.997 | Support: 2.329 | Average Volume: 134270.86 | Volume Trend: Decreasing
Based on the 1-hour chart, here's my technical analysis:**
The current price (2.938) is aligned with the EMA7, indicating a short-term balance. However, the RSI14 (68.21) suggests a slight overbuying, which could lead to a short-term correction.
**Long/Short Entry Prices:**
* Buy Stop: 3.015 (just above the resistance level)
* Sell Stop: 2.865 (just below the EMA25)
**Spot Buy Price:**
* 2.88 (near the EMA25, with a stop-loss at 2.83)
Keep in mind that the decreasing Volume Trend might impact the price movement. Monitor the volume and adjust your strategy accordingly.