Price: 0.1341 | EMA7: 0.12 | EMA25: 0.09 | RSI14: 84.91 | Resistance: 0.154 | Support: 0.0431 | Average Volume: 18464484.51 | Volume Trend: Decreasing
Based on the 4h analysis, HFTUSDT appears to be overbought. The price is near the resistance level.
Advice:
- Long/Short entry: Short the market at 0.142-0.145 levels to avoid potential overbought trap.
- Best Long/Short exit is 0.121-0.125 level.
- Spot buy: Wait for a strong rebound towards 0.14 or more to form a support. Then consider a spot buy around the 0.13-0.125 range, aiming to hold until it reaches the 0.14 level.