Price: 0.03307 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 44.25 | Resistance: 0.0378 | Support: 0.029 | Average Volume: 1810967 | Volume Trend: Decreasing
Based on the 4-hour chart of SYSUSDT, here's a brief analysis:
The current price is 0.03307, below both EMA7 (0.03343) and EMA25 (0.03373), indicating a short-term downtrend. RSI14 is at 44.25, suggesting a bearish momentum but not oversold. MACD is negative, confirming the downtrend.
For Long entry, consider waiting for a pullback to resistance turned support around 0.0337-0.034, or a deeper retracement to 0.032. Best Long entry: 0.0315-0.032.
For Short entry, the current downtrend suggests a continuation. Best Short entry: 0.0337-0.034.
For Spot buy, considering the support at 0.029, a good entry would be around 0.029-0.03.
Keep an eye on volume; the decreasing trend may indicate a lack of conviction in the current direction. Monitor for a potential reversal or continuation signal.