Price: 24.51 | EMA7: 25.62 | EMA25: 25.95 | RSI14: 38.43 | Resistance: 29.35 | Support: 22.97 | Average Volume: 29326.45 | Volume Trend: Decreasing
Based on the 4h TRBUSDT analysis:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 40, suggesting the asset is potentially oversold.
- MACD is negative, reinforcing the downtrend.
For Long position: Consider entry around 22.97 (support level) if it reaches there.
For Short position: Consider entry around 25.62 (EMA7) or 29.35 (resistance) if the price bounces back.
Best spot buy price: Around 22.97, with a stop loss below that level.
Please manage risk and consider other factors before making a trade.