Price: 0.916 | EMA7: 0.92 | EMA25: 0.94 | RSI14: 35.83 | Resistance: 1.065 | Support: 0.877 | Average Volume: 734138.4 | Volume Trend: Decreasing
Based on the 1-hour technical analysis of ETHFIUSDT:
- The price is currently at 0.916, slightly below EMA7 (0.9186), indicating a potential bearish trend.
- RSI14 is at 35.83, suggesting the asset is oversold, which could lead to a bounce.
- MACD is negative, supporting the bearish sentiment.
**Advice:**
- **Long Entry:** Consider entering long at around 0.877 (support level) or if it bounces back from current levels and breaks above EMA7 (0.9186).
- **Short Entry:** Consider shorting if the price breaks below 0.877 or fails to break above 0.9186 and heads towards 0.877 again, with a stop loss above 0.937 (EMA25).
- **Spot Buy:** Best spot buy price could be around 0.877, considering it's a strong support level.
Keep an eye on volume; a decreasing volume trend alongside a price drop might indicate a weakening bearish momentum, potentially leading to a reversal.