🤖 AI Insight

Based on the 4h chart of SOMIUSDT, here's a brief analysis and some recommendations:

- Market Condition: Neutral/Bullish, as the price is above both EMA7 and EMA25.
- RSI14 is at 55.6, which suggests the market is not overbought.
- MACD is positive, indicating an upward trend.
- However, the decreasing volume trend may be a cause of concern.
- Considering the current price of 1.3145, I would recommend the following:
- Long Entry: 1.2950-1.3020, as these levels are above EMA7 and EMA25, and also near the moving averages' confluence zone. This increases the chances of a successful trade.
- Short Entry: Not recommended, given the slight upward bias.
- Spot Buy: Avoid buying at the current price of 1.3145. Instead, wait for a pullback to 1.2950-1.3020 and enter long with a tighter stop-loss.
- Caution: Keep an eye on the volume and watch for any breakdowns in the chart, as the decreasing volume trend may be a sign of a pending correction.