#SCREEMINGBUYME #SCREEMINGBUYTHEDIP
Coins on Binance currently forming a double-bottom setup—a bullish reversal signal—alongside oversold indicators like RSI and Bollinger Band touches. Here's the latest from Binance Square analysis:
Coins at Double-Bottom Setup on Binance
Recent Binance Square publications reveal that the following coins exhibit promising double-bottom patterns combined with oversold signals:
1. RUNE (THORChain)
Setup details: Double-bottom forming around $4.10–$4.25, coupled with price hugging the lower Bollinger Band and an RSI between 18–20 — signaling deep oversold conditions.Binance
2. PEPE (Pepe Meme Coin)
Setup details: Double-bottom near $0.0000070, touching the lower Bollinger Band and showing an RSI around 15—another rare oversold reversal setup.
3. LINA (Linear)
Setup details: Double-bottom visible at approximately $0.015–$0.017, with price squeezing lower Bollinger area and an RSI around 19, meeting all convergence criteria.
Why This Matters
These setups represent a powerful trifecta:
Double-bottom is a classic bullish reversal sign
RSI <20 indicates extreme oversold momentum.
Lower Bollinger Band contact suggests potential undervaluation relative to short-term volatility range.
When these indicators converge, it's often viewed as a high-probability bounce zone, although confirmation is essential before acting.Binance
Quick Reference Table
CoinDouble-Bottom RangeRSILower Bollinger BandSetup StrengthRUNE$4.10 – $4.2518–20YesMid-cap, solidPEPE~$0.0000070~15YesHigh-risk memeLINA$0.015 – $0.017~19YesMid-cap potential
What to Watch Before Entering
Confirm with price action: Look for bullish candlesticks (e.g., hammers, engulfing) forming near bottoms, ideally with supportive volume.
Entry point: Consider buying upon a breakout above the neckline or high of the confirmation candle.
Risk control: Place a stop-loss just below the low (e.g., < $4.10 for RUNE, < $0.0000070 for PEPE, < $0.015 for LINA).
Targets: Start with the mid Bollinger band or calculate breakout targets using pattern height projection.Binance
Additional Setup: $NAORIS (NAORIS/USDT)
Binance Square also recently noted NAORIS forming a double-bottom pattern on the 2-hour chart:
First bottom: ~0.0308
Second bottom: Slightly higher at ~0.0310
Neckline resistance: ~0.0358–0.0360
Signal: A breakout above the neckline with increasing volume may ignite a bullish run toward 0.0385–0.0400 initially, and potentially higher, depending on momentum.Binance
TL;DR
RUNE, PEPE, and LINA are strong double-bottom setups with deep oversold indicators on Binance.
NAORIS is emerging with a clear “W” pattern ready to break if volume confirms.
Wait for confirmation, manage risk carefully, and track key levels before making a move.