Price: 0.3318 | EMA7: 0.34 | EMA25: 0.35 | RSI14: 32.92 | Resistance: 0.4044 | Support: 0.3298 | Average Volume: 226299.71 | Volume Trend: Decreasing
For SFPUSDT at 4h:
- The price is below EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 35, suggesting the asset is potentially oversold.
- MACD is negative, reinforcing the downtrend.
**Advice:**
- **Long Entry:** Consider entering long around 0.3298 (support level) with a stop loss below it. A break above 0.3434 (EMA7) could be a good confirmation.
- **Short Entry:** If the price bounces off the current levels and hits 0.3434 or higher, consider shorting with a target towards 0.3298. Alternatively, a clear break above 0.352 (EMA25) followed by a pullback could be a short opportunity with a stop loss above 0.352.
- **Spot Buy:** The best spot buy price could be around 0.3298, considering it's a strong support level. However, wait for a bullish reversal signal (e.g., RSI moving out of oversold territory, bullish divergence) before buying.