Price: 2.97 | EMA7: 2.96 | EMA25: 2.88 | RSI14: 68.13 | Resistance: 3.03 | Support: 2.506 | Average Volume: 24219.66 | Volume Trend: Decreasing
Based on the 1h technical analysis of FORTHUSDT:
- The price (2.97) is slightly below EMA7 (2.96), indicating a potential bullish trend if it breaks above EMA7.
- EMA7 is above EMA25, suggesting a short-term uptrend.
- RSI14 is at 68.13, nearing overbought territory but not yet there.
- MACD is positive, supporting the bullish trend.
**Long Entry:** Consider a long position if the price breaks above 3.03 (Resistance) with increasing volume; a suitable entry could be around 3.05.
**Short Entry:** If the price drops below EMA25 (2.878) with increasing volume, consider a short position; a suitable entry could be around 2.85.
**Spot Buy:** A good spot buy price would be around 2.88 or lower if it dips towards the support zone, but current levels are near enough given the uptrend. Set a stop-loss below 2.85.
Keep an eye on the volume trend; a decreasing volume might indicate a consolidation phase before a significant move.