Price: 3.0477 | EMA7: 3.33 | EMA25: 3.58 | RSI14: 20.74 | Resistance: 4.04 | Support: 3.0312 | Average Volume: 281606.66 | Volume Trend: Increasing
For FORMUSDT at 1h:
- Given RSI14 is 20.74, indicating oversold conditions, a potential reversal is likely.
- Price is near support at 3.0312.
**Long Entry:** Consider entering long around 3.05, slightly above the current support, with a stop loss below 3.0312.
**Best Spot Buy Price:** 3.05
**Short Entry:** Avoid shorting now due to oversold conditions; consider shorting if price reaches EMA7 at 3.3326 or resistance at 4.04.