📢 [BOB in Patience Test Mode]
📉 The current price of BOB is in a correction zone after last week's big rally. Many are panicking... when this is where a trader's mentality is tested.
• RSI is already oversold (25) → market signals are starting to tire from selling.
• Bollinger Band touched the lower line → technical rebound opportunities are opening up.
• MACD is still red → downtrend is not over yet, but selling pressure is starting to slow down.
💡 What does it mean for us?
• Safe zone to hunt for discounts: 0.0000000680 – 0.0000000700
• Rebound target: 0.0000000845 then 0.0000000934
• The key: be patient, wait for confirmation, don’t rush to enter while there is still the risk of breaking support.
⚠️ Remember, a fast rally is usually followed by a fast correction. Wise traders know that patience in the red phase often yields profits in the green phase.
💬 Question for the community:
If BOB drops again to the zone of 0.0000000680, are you ready to cut or still wait & see?