🤖 AI Insight

Based on the 4-hour chart for SNXUSDT, here's an analysis:

1. **Trend:** The EMA7 (0.7025) and EMA25 (0.7048) are still above the current price (0.694), indicating a bearish trend with a slight downtrend in the short-term.

2. **Momentum:** The RSI14 (46.06) is below 50, indicating that the price is on the rise and has not reached overbought levels.

3. **Short-term opportunities:** Considering the momentum, EMA7 crossing above the current price could provide a potential long entry.

- Recommended long entry price: above 0.7025, ideally around 0.705.
- Long-term target: the next resistance level at 0.8.
- Take profit stop loss: at 0.675.

4. **Long-term opportunities:** Although SNXUSDT is still trading within the downward channel, there is a possibility to short the market once more. Wait for a confirmation signal such as EMA25 crossing below the current price.

- Recommended Short entry price: 0.675.
- Short-term target: the next support level at 0.618.
- Take profit stop loss: at 0.695.

5. **Spot buy:** Avoid buying at the current price of 0.694, as it's at the lower EMA25 line. A safer approach would be to wait for a rebound or a confirmation that the price has bottomed out.

6. **Investment advice:** Be cautious, as the volume trend is decreasing. This might indicate market uncertainty and lower liquidity, increasing the risk of larger price swings.