🤖 AI Insight

Based on the 4-hour chart of FORMUSDT, here's my analysis:

The EMA7 (2.4226) is trading below the EMA25 (2.43947), indicating a short-term bearish trend. The RSI14 (42.49) is oversold, which could lead to a potential upward correction.

As a long/short trader, I would consider the following entry points:

* Long entry: Buy at 2.20 (breakout of the recent descending channel) with a target of 2.45-2.50 (near the EMA25).
* Short entry: Sell at 2.30 (near the EMA7) with a target of 2.15-2.10 (near the support level).

For spot buyers, I would recommend buying at 2.15 (support level), targeting 2.25-2.30.

Keep in mind that these are just suggestions based on the technical analysis, and it's always important to consider other factors like fundamental analysis and market sentiments before making a trade.