Price: 0.937 | EMA7: 0.96 | EMA25: 0.98 | RSI14: 35 | Resistance: 1.043 | Support: 0.845 | Average Volume: 811492.07 | Volume Trend: Increasing
Based on the 1-hour chart for ETHFIUSDT, here's a brief analysis:
1. **Buy Signals:** The RSI14 is below 50 (35), indicating a potential buying opportunity as it's in oversold territory. A long entry could be considered at 0.90, as it's close to the support level and the price might bounce.
2. **Long/Short Entry Prices:** Short entry could be considered at 0.95, above the EMA7, as it shows a brief bearish trend. Long entry at 0.90 would be a safer option.
3. **Spot Buy Price:** Considering the increasing volume trend and oversold condition, a spot buy could be considered at 0.90. This provides a lower entry point to potentially profit from a potential bounce.
4. **Caution:** The MACD is negative, indicating a bearish trend, and the price is below both EMAs. Therefore, it's essential to set a tight stop-loss and adjust the target prices according to the market movement.
Keep in mind that these are technical analysis observations and may not guarantee any profits. It's essential to consider other factors like fundamental analysis, news, and market sentiment before making any trading decisions.