← Back to Home

📊 Analysis: SOPHUSDT (4h)

Price: 0.03153 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 33.87 | Resistance: 0.04616 | Support: 0.03127 | Average Volume: 14514924.36 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 4h technical analysis of SOPHUSDT:

**Short-term Bearish**: The current price (0.03153) is below both EMA7 (0.032321) and EMA25 (0.033091), indicating a short-term bearish trend. The RSI14 (33.871) is also in the oversold territory, suggesting a potential bounce.

**Best Long Entry**: Wait for a pullback to the support level (0.03127) and observe a strong bullish candle formation (e.g., hammer or engulfing pattern) as a confirmation signal. Entry price: 0.03130.

**Best Short Entry**: Look for a failed attempt to break above the EMA7 (0.032321) or a reversal candle formation (e.g., shooting star or bearish engulfing pattern) around 0.03230-0.03250 as a short entry signal.

**Best Spot Buy**: If you're looking to buy SOPHUSDT, consider entering around the support level (0.03127) with a stop-loss at 0.03080 and a take-profit at 0.03300.

Please note that these are short-term trading suggestions based on technical analysis. It's essential to consider market fundamentals, risk management, and your personal trading strategy before making any decisions.