📉 Binance Coins Showing Double Bottom Setup with RSI < 30 & Bollinger Bands Oversold
#SwingTrade #CryptoBuyZone #IfYouAreNewToBinance
Here are two Binance-listed coins currently showing a double-bottom or oversold technical setup, with RSI under 30 and Bollinger Bands hovering at or below the lower band—suggesting strong short-term rebound potential (note: these are short-term setups, not investment advice):
1. BABY (Baby Dogecoin)
RSI (1‑hour): ~24.8 — well into oversold territory
Bollinger Band: Touching lower band (~$0.0712), indicating a potential soft support zone
Chart Signal: Rebound setup forming after a clear double-bottom pattern at the Bollinger lower limit
Strategy Example (per Binance AI analysis): Entry ~$0.075, stop-loss at $0.071, target at Bollinger midline ~$0.078
2. FARTCOIN (symbol: FART)
RSI: Not explicitly stated, but clearly oversold (below 30) per analysis
Bollinger Band: Price at lower band (~$0.7332), signaling oversold levels
Setup: Double-bottom-like pattern with divergence: price near bottom band and moving average support (13.6% below MA200)
Trade Example: Entry ~$0.7404, stop-loss near $0.7200, target near MA200 ~$0.82
⚠️ Important Caveats
📉 These are short-term technical trades, often lasting 24–48 hours with tight risk management.
RSI < 20 condition specifically wasn’t met, but these are near-oversold (RSI < 30).
Double-bottom confirmation is suggested but still needs on-chart verification.
High volatility asset classes: Use small position sizing and strict stops.
✅ Summary Table
CoinRSIBollinger BandSetup TypeExample Trade (Binance AI)BABY~24.8 (1h)Lower band (~$0.0712)Double-bottom/oversoldBuy ~$0.075, SL $0.071, TP $0.078 FART< 30Lower band (~$0.7332)Double-bottom-like/oversoldBuy ~$0.7404, SL $0.7200, TP $0.82
$BABY