Price: 0.0863 | EMA7: 0.09 | EMA25: 0.09 | RSI14: 37.05 | Resistance: 0.1067 | Support: 0.0768 | Average Volume: 5141757.66 | Volume Trend: Decreasing
Based on the 4H technical analysis of CETUSUSDT:
- The price (0.0863) is below both EMA7 (0.0883) and EMA25 (0.0903), indicating a downtrend.
- RSI14 is at 37.05, suggesting the asset is approaching oversold territory, potentially nearing a reversal point.
- MACD is negative, reinforcing the bearish sentiment.
**Advice:**
- **Long Entry:** Consider entering long around the support level of 0.0768 if it reaches there, as it might bounce back. A more conservative entry would be after a clear bullish reversal pattern forms.
- **Short Entry:** If the price bounces off the current levels and reaches EMA7 or EMA25, consider shorting around 0.0883 or 0.0903, with a stop loss above the resistance at 0.1067.
- **Spot Buy:** The best spot buy price would be around the support level of 0.0768, or slightly above it if a strong bullish reversal is confirmed.
**Disclaimer:** Trading carries risk. Always use proper risk management.