Price: 1.037 | EMA7: 1.05 | EMA25: 1.06 | RSI14: 38.57 | Resistance: 1.333 | Support: 0.99 | Average Volume: 232517.23 | Volume Trend: Decreasing
Based on the 1h technical analysis of CITYUSDT:
**Trend:** The price is currently below both EMA7 (1.0487) and EMA25 (1.0601), indicating a short-term downtrend.
**Indicators:**
* RSI14 (38.57) is in the oversold region, suggesting a potential reversal or bounce.
* MACD (-0.0077) is negative, confirming the downtrend.
**Support and Resistance:**
* Support: 0.99, a potential bounce area.
* Resistance: 1.333, a significant barrier for any upside movement.
**Entry Prices:**
* **Long Entry:** 1.005 (around support) or 1.035 (if price breaks above EMA7). Target: 1.0601 (EMA25) or higher.
* **Short Entry:** 1.045 (around EMA7) or 1.055 (above EMA25). Target: 0.99 (support) or lower.
**Spot Buy Price:** 1.005 - 1.010 (near support) for a relatively safe entry.
**Caution:** Volume trend is decreasing, which may indicate a lack of conviction in the current price movement. Monitor volume closely for any changes.
Keep in mind that technical analysis is subject to interpretation, and it's essential to consider other factors, such as market news and overall sentiment, before making trading decisions.