Price: 0.3305 | EMA7: 0.34 | EMA25: 0.35 | RSI14: 24.98 | Resistance: 0.3608 | Support: 0.3298 | Average Volume: 53628.36 | Volume Trend: Increasing
Considering the provided technical indicators above, I recommend taking the following decisions:
Best Long/Short entry prices:
1. Long entry: Entering a long trade (buying SFPUSDT) when the price crosses above the EMA25 (current around 0.3475) and the price level stabilizes above it.
2. Short entry: Entering a short trade (selling SFPUSDT) when the price breaks below the EMA7 (current around 0.3404) and the price level stabilizes below it.
Best Spot Buy Price:
A suggested target entry price (for long position) would be when the price is found testing the resistance level at 0.3608 and bears show no further strength. In this case, considering the increasing volume trend, the spot buy price could be around 0.3500.
Keep in mind that this analysis is based on the hourly time frame, and you should adjust your entry points according to your risk tolerance and trading plan. Always ensure to conduct thorough market research and consult with financial advisors before making any trading decisions.