#CryptoWatch #MarketPullback #CryptoBuyZone #IfYouAreNewToBinance
Here are some coins forming a double‑bottom setup, with RSI below 30 and touching the lower Bollinger Band (oversold)—potential buy zones for technical traders:
🐕 DOGE (Dogecoin)
RSI ≈ 20.6 → deeply oversold investopedia.com+15reddit.com+15binance.com+15
Price near lower Bollinger Band → classic oversold indicator
Double‑bottom structure confirmed on Reddit:
“Analysts have identified a Double‑Bottom pattern on the daily chart… Dogecoin appears primed for another rally.” reddit.com
Outlook: Significant bounce potential toward ~$0.40–0.70 if the pattern holds.
🔴 SOL (Solana)
RSI(6) ≈ 28.3 → deeply oversold reddit.com+15binance.com+15medium.com+15
Touching lower bands → price at Bollinger Band low blockchainreporter.net+15reddit.com+15reddit.com+15
Double‑bottom potential (though less emphasized, setup aligns with bounce scenario)
Outlook: Watch break above ~$138.31 for confirmation of bullish rebound binance.com.
🟦 BTC & ETH (Major Caps – LTF Setup)
Bitcoin: Potential lower‑timeframe double‑bottom near ~$58.2K; RSI ≈ 32 → oversold
Ethereum: Forming double‑bottom near $2.85K, oversold levels and Bollinger compression evident .
Outlook: Confirmation above neckline ($58.2K for BTC, ~$3K for ETH) could trigger rallies.
⚠️ Coins Not quite matching all criteria:
REZ/USDT is showing a double‑bottom, but RSI ~37.7 (not <30) and still in bearish channel binance.com+1binance.com+1.
Other alternates didn't clearly satisfy oversold RSI + Bollinger signal.
✅ Summary Table
Coin Double‑Bottom RSI < 30Near Lower BollingerOutlook
DOGE✅ Yes✅ (~20)✅ YesStrong bounce potential
SOL⚠️ Setup-ish✅ (~28)✅ YesBounce likely if breakout forms
BTC*⚠️ In LTF form⚠️ (~32)⚠️ PossiblyWatch for double‑bottom break
ETH*✅ Yes⚠️ Slightly✅ Bands compressingEyes on neckline breakout
*BTC & ETH are major caps; patterns are short-term but worth monitoring for similar setups.
📌 Key Takeaways for Traders
DOGE is the standout—hitting all technical criteria (double bottom + oversold RSI + lower BB).
SOL, while still mid‑setup, shows strong reversal signs—watch for breakout.
BTC/ETH are forming smaller double bottoms; keep an eye on neckline (~$58K, ~$3K).
Risk management: Confirm with price breakouts + volume increasing. Set tight stop‑loss just below lows.