Price: 0.7723 | EMA7: 0.77 | EMA25: 0.78 | RSI14: 39.39 | Resistance: 0.814 | Support: 0.7578 | Average Volume: 31480.62 | Volume Trend: Decreasing
Based on the 1h chart of FTTUSDT, here's my analysis:
**Short-term bias:** Bearish
**Reasoning:**
* EMA7 has recently crossed below EMA25, indicating a short-term downtrend.
* RSI14 is around 39, which suggests the price is oversold in the short term.
* MACD is below zero, indicating bearish momentum.
**Entry recommendations:**
* **Short entry:** Around 0.7780 (just below EMA7) with a stop-loss at 0.7850. Target 0.7650.
* **Long entry:** Around 0.7650 (near support) with a stop-loss at 0.7580. Target 0.7850.
**Spot buy price:** 0.7650 (near support)
Please note that these are short-term recommendations and are subject to change based on further price action. Always use proper risk management and consider your own trading strategy before entering any trades.