Price: 1.947 | EMA7: 1.98 | EMA25: 2 | RSI14: 43.76 | Resistance: 3.01 | Support: 1.891 | Average Volume: 650849.51 | Volume Trend: Decreasing
Based on the technical analysis of CYBERUSDT at 4h:
- The price is currently at 1.947, below both EMA7 (1.9847) and EMA25 (1.997), indicating a bearish trend.
- RSI14 is at 43.758, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative (-0.0147), reinforcing the bearish sentiment.
**Advice:**
- **Long Entry:** Consider a long position if the price breaks above EMA7 (1.9847) and sustains, with a stronger confirmation above EMA25 (1.997). A good long entry price could be around 2.00, with a stop loss below 1.891.
- **Short Entry:** If the price continues to decline, a short entry could be considered around 1.891 (support level), with a stop loss above 2.00. However, be cautious as this is a support level.
- **Spot Buy:** A good spot buy price could be around 1.85-1.88, near the support level, with a stop loss below 1.80 in case of a breakout.
Keep in mind that technical analysis is not foolproof, and market conditions can change rapidly. Always manage your risk.