Price: 0.621 | EMA7: 0.62 | EMA25: 0.63 | RSI14: 40.68 | Resistance: 0.735 | Support: 0.607 | Average Volume: 3036475.18 | Volume Trend: Decreasing
Based on the technical analysis of FETUSDT at 4h:
**Trend:** The price is currently below both EMA7 and EMA25, indicating a short-term downtrend.
**Indicators:**
* RSI14 is at 40.68, which is in the neutral zone, but close to the oversold zone.
* MACD is negative, indicating a bearish momentum.
**Support and Resistance:**
* Support: 0.607 ( strong support)
* Resistance: 0.735 (strong resistance)
**Advice:**
* **Short entry:** Consider shorting FETUSDT around 0.624-0.631 (EMA7 and EMA25 convergence area) with a stop loss above 0.635. Target 0.607 and below.
* **Long entry:** Consider buying FETUSDT around 0.607 (support level) with a stop loss below 0.605. Target 0.624-0.631.
* **Spot buy price:** Accumulate FETUSDT at 0.607 (support level) for a long-term position.
**Volume:** Keep an eye on the decreasing volume trend. A increase in volume is needed to confirm a strong trend.
Please trade responsibly and adjust your strategy according to your risk management.