🟢 SIGNAL: OVERSOLD ALERT (WATCH FOR BOUNCE) 🚀
👉 PAIR: $WIF /USDT
📉 STATUS: EXTREMELY CHEAP! (RSI is under 30) 📉
📊 Why is it Interesting?
1️⃣ Deeply Oversold 🥶: The RSI is currently at 25.51! This is below 30, which indicates "Extreme Fear." Historically, prices bounce back up from these levels.
2️⃣ Extension Gap ↔️: The price ($0.281) is far below the Yellow Line (EMA 20 at $0.302). The market often rallies to close this gap.
3️⃣ Support Test 🛡️: The price is holding near the recent low of $0.272. If this holds, buyers will step in.
🎯 TRADE PLAN:
• 🛒 AGGRESSIVE ENTRY: Risky traders can buy small here ($0.281) for a quick scalp.
• ⏳ SAFE ENTRY: Wait for a green candle to close above $0.285 to confirm the reversal.
• 🎯 TARGET: Aim for the Yellow Line ($0.302) first.
• 🛑 STOP LOSS: Strict SL below $0.270.
The sellers are tired. Watch for the relief rally! 🐂
