CROSS/USDT Bull Run: RSI is Overbought! Here's My 'Buy the Dip' Strategy

Hello, Binance Community!

We're seeing an incredibly strong bullish rally on the CROSS/USDT 1-minute chart. The momentum is clearly with the bulls, riding the upper Bollinger Band with high volume.

However, the RSI is now deep in overbought territory (above 70). This is a warning sign that the trend is overextended and a pullback could be near. Shorting a strong trend is very risky, and buying the absolute top is also a dangerous game (FOMO).

So, what's the plan? A patient, "Buy the Dip" strategy.

Potential Long Strategy: Wait for a Pullback

Here are the key levels I'm watching for a potential entry if the price corrects to a support level.

💡 Strategy: Wait for a Pullback to Long

* 🎯 Entry Zone: $0.32200 - $0.32500

* Rationale: This zone is near the middle Bollinger Band (~0.32167), which often acts as a dynamic support during a strong uptrend.

* 🚀 Target 1 (TP1): ~$0.33150

* Rationale: A retest of the recent high.

* 🚀 Target 2 (TP2): ~$0.33800

* Rationale: Continuation of the trend if the previous high is broken with conviction.

* 🚨 Stop-Loss (SL): ~$0.31850

* Rationale: Placed below the key support zone (the middle Bollinger Band). If this level breaks, the bullish momentum is likely paused.

Conclusion:

The trend is your friend, and the trend for CROSS is strongly bullish. But patience is key. Instead of chasing the price at the top, waiting for a pullback to a logical support area provides a much better risk-to-reward ratio for a long position.

What's your strategy for CROSS? Let me know your thoughts below! 👇

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