$FIL /USDT ā Oversold Reversal Setup š
ā° 1H timeframe ā RSI oversold bounce potential after heavy sell-off
š Price: $2.498
š Trend: Strong downtrend, showing early signs of relief
šÆ ENTRY ZONE (Long):
Buy zone: $2.47 ā $2.51
(Minor base formed post dump + RSI deeply oversold at ~34)
šÆ TARGETS:
TP1: $2.60
TP2: $2.72
TP3: $2.87
š STOP-LOSS:
Below $2.44
āļø Risk:Reward: ~2.8R
š Bearish Flip: Breakdown below $2.44 resumes downtrend ā expect next support around $2.30
š Setup Insight:
Massive sell volume may be exhausted. A relief bounce is likely if $2.47ā2.50 holds ā ideal for a quick scalp or short-term trade.