Price: 2.3944 | EMA7: 2.41 | EMA25: 2.44 | RSI14: 42.69 | Resistance: 2.65 | Support: 2.3408 | Average Volume: 420322.98 | Volume Trend: Decreasing
FORMUSDT is showing weakness.
**Entry:**
* **Long:** Conservative approach would be to wait for a bullish reversal signal above the 2.65 resistance.
* **Short:** Entry could be considered below the 2.3408 support level.
**Spot Buy:**
* Current price at 2.3944 is near support, making it a slightly riskier spot buy. Consider waiting for a clearer signal before entering long.
**Overall:**
* The decreasing volume suggests waning momentum.
* Keep an eye on the RSI and MACD for potential reversal signals.
Remember, this is just a technical analysis, **always conduct your own research and risk management.**