🤖 AI Insight

Based on the 4h technical analysis of FXSUSDT:

Observations:
- The price is above EMA7 but below EMA25, indicating a slightly bearish trend.
- RSI14 is above 70, signifying overbought conditions.
- MACD is positive, indicating a bullish momentum, but weak compared to the RSI.
- Volume Trend is decreasing, which may indicate weakening buying pressure.

Recommendations:
- Short entry: Consider shorting around the current price (2.477) if it fails to break above the immediate resistance zone (2.78) and shows significant bearish candle formations or trading near the Support (1.971).
- Long entry: Long positions may be taken with caution as the RSI is overbought. However, a buy could be considered if there's a significant decrease in price (reaching above 2.395880494) or if the MACD strengthens significantly.
- Best Long/Short entry: Considering the RSI and MACD signals, it might be beneficial to wait for a more favorable entry point (price drop to 2.395880494 for long positions, or bounce from the Support at 1.971 for short positions).
- Best spot buy price: 2.395880494 (buy condition when using long term analysis factors such as moving averages).