Price: 0.659 | EMA7: 0.67 | EMA25: 0.67 | RSI14: 42.99 | Resistance: 0.741 | Support: 0.565 | Average Volume: 589935.35 | Volume Trend: Decreasing
Based on the 4h chart, THETAUSDT is in a bearish trend. The price is below the EMA7 and EMA25, indicating short-term and medium-term bearish momentum. The RSI14 is neutral, but the MACD is bearish.
Best Short entry price: 0.655 (around the current price) with a stop-loss at 0.675.
Best Long entry price: 0.58 (around the support level) if the price bounces back from the support.
Spot buy price: No recommendation, as the trend is bearish.
Note: Be cautious of the decreasing volume trend, which may indicate a lack of buying interest. Monitor the volume and adjust your trade accordingly.