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📊 Analysis: FORTHUSDT (1w)

Price: 2.228 | EMA7: 2.4 | EMA25: 2.64 | RSI14: 41.36 | Resistance: 9.247 | Support: 0.651 | Average Volume: 3977047.06 | Volume Trend: Decreasing

🤖 AI Insight

Based on the provided technical analysis, here are recommended entry points for a long and short position on FORTHUSDT:

1. Long Position (Buy): Since the mentioned price is 2.228, the best entry point would be when the price goes above the EMA25 (currently at approx. 2.643) and RSI14 (currently at around 55) confirms bullishness. It is advisable to place your order slightly above the EMA25 for a slightly more conservative entry but closer to the key resistance level.

2. Short Position (Sell): The best entry point for a short position would be when the price breaks below support level at 0.651, and confirms the bearish trend via either RSI14 or MACD (currently below the signal line).

It is crucial to monitor volatility and consider using stop-loss orders to manage your risks while implementing these trades. Please consult with a financial advisor or conduct further research to confirm these signals based on your risk tolerance and personal investment strategy.