Price: 0.9936 | EMA7: 0.96 | EMA25: 1.18 | RSI14: 44.39 | Resistance: 23.9 | Support: 0.6952 | Average Volume: 52691962.08 | Volume Trend: Decreasing
Based on the 1-week technical analysis of FTTUSDT, I observe a bearish trend. The price is trading below the EMAs, indicating a downward trend. The RSI is showing oversold conditions, which may indicate a potential bounce.
As for the best Long/Short entry prices:
* Short entry: Look for a break below the support level of 0.6952 for a short entry. This could be an optimal spot to catch a potential continuation of the bearish trend.
* Long entry: Consider a long entry if the price bounces off the current level and breaks above the EMA25 (1.180502493346). This could be a good signal to enter a long position.
For the best spot buy price:
* Look for a buy signal when the indicator RSI14 crosses above 50, indicating potential reversal and buying demand. Based on the current RSI value of 44.389834089985, I would wait for a more ideal buy signal before entering a long position.
Keep in mind that this is a technical analysis and not a guarantee of future price movements. It's essential to consider other factors and market conditions before making any trading decisions.