Price: 0.03208 | EMA7: 0.03 | EMA25: 0.03 | RSI14: 46.73 | Resistance: 0.03614 | Support: 0.02869 | Average Volume: 4376980.21 | Volume Trend: Decreasing
Based on the 4-hour chart, TFUELUSDT is in a descending trend with decreasing volume. The momentum indicators (RSI14, MACD) are in a neutral zone, indicating a potential bounce.
Recommendations:
1. Long/Short Entry: 0.029 - 0.031, as this price range is sandwiched between the EMA7 and EMA25, and RSI14 is oversold. This could be a decent entry point for a short-term rebound.
2. Best Long Entry: 0.02869 (Support), as the price is near the support level and a break above this level could lead to a short-term rally.
3. Best Spot Buy: 0.028, as this price is significantly lower than the current price and is closer to the support level. However, be cautious as the volume trend is decreasing, which may lead to further price drops.
Please note that these recommendations are based solely on technical analysis and do not take into account fundamental analysis or other factors that may affect the price of TFUELUSDT. It's essential to use risk management techniques and adjust your position sizes according to your risk tolerance.