🚀 $BROCCOLI714 Prepares for a Potential Relief Rally… Or Is This Just a Dead Cat Bounce? 🥦
🔹 Current Price: $0.03032
🔹 24h Change: +0.60%
🔹 24h High: $0.03090
🔹 24h Volume: 85.71M — Moderate post-selloff activity
📊 Technical Highlights:
✅ Price has sharply corrected from the $0.05555 peak, now finding footing near the $0.030 zone
✅ EMA(7) at $0.03334 remains below EMA(25) at $0.04106, signaling bearish dominance but possible short-term bounce potential
✅ RSI(6) at 13.20 indicates extreme oversold territory — a potential setup for a technical rebound
✅ Volume spikes suggest capitulation selling may be behind us, opening the door for relief buyers
🎯 Take Profit Targets:
- TP1: $0.03350 ➜ +10.5%
- TP2: $0.03680 ➜ +21.4%
- TP3: $0.04100 ➜ +35.2%
🛡️ Stop-Loss Suggestion: $0.02890 — below the recent consolidation floor to guard against further downside
💡 Smart Reminder: Oversold does not mean reversal is guaranteed — watch for confirmation candles and rising volume before entering.
Is $BROCCOLI714 gearing up for a sharp oversold bounce, or will the downtrend continue to grind lower?
Drop your thoughts below 👇