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📊 Analysis: FTTUSDT (4h)

Price: 0.7742 | EMA7: 0.78 | EMA25: 0.78 | RSI14: 43.7 | Resistance: 0.9271 | Support: 0.6952 | Average Volume: 167802.3 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 4h chart analysis of FTTUSDT:

- The price is below the EMA7 and EMA25, indicating a bearish trend.
- RSI14 (43.69) is below 50, indicating a bearish momentum.
- The MACD is bearish with a negative reading of -0.00224, further confirming the bearish trend.
- The decreasing volume trend suggests a lack of buyer interest.

Recommendation:

- **Short Entry**: Price is near the EMA25 at 0.7742, consider shorting when the price breaks below the EMA7. A suitable short entry price could be around 0.7650-0.7700, as it is close to the support level and below the EMA7.
- **Target Stop Loss**: Set a stop loss above the EMA25 at 0.7840.
- **Target Take Profit**: Set a take profit at the next level of resistance, 0.8050-0.8150.
- **Spot Buy**: Due to the bearish trend, it's not recommended to buy the asset at the current price. Wait for a bullish signal or a retracement to the support level around 0.6952.
- **Best Spot Buy Price**: If the price retraces to the support level (0.6952), consider buying at a spot price around 0.69-0.70, as it would be a good risk-reward entry considering the potential price movement.