$AMD In just 4 hours, the RSI crashed to 19.6—oversold zone is basically lying flat.
Over the past 24 hours, it dropped from 532 to 501, a decline of 5.29%, with a low of 492. The current quote is 501.20, mark price 501.28. Funding rate is 0, and for now there’s no disagreement between longs and shorts.
Over the last 24 hours, volume was 107k contracts, with a traded value of 55 million U. Not small.
Nini’s plan: Don’t chase shorts near the current 501 price—chasing shorts at RSI 19.6 is basically paying for a rebound. If you want to go long, wait for the RSI to turn upward and hold above 25; enter after a pullback to 495 that doesn’t break. For shorting: wait for a rebound into the 515–520 area, then only consider it once the RSI falls back below 50.
My take: The drop was too fast in the short term—there are already buyers catching the wick at 492. But the trend hasn’t turned yet; bottom-picking needs confirmation signals.
#AMD #山寨币 #Oversold rebound
Bro with ideas~ come find Nini to customize your personal strategy 💕
Over the past 24 hours, it dropped from 532 to 501, a decline of 5.29%, with a low of 492. The current quote is 501.20, mark price 501.28. Funding rate is 0, and for now there’s no disagreement between longs and shorts.
Over the last 24 hours, volume was 107k contracts, with a traded value of 55 million U. Not small.
Nini’s plan: Don’t chase shorts near the current 501 price—chasing shorts at RSI 19.6 is basically paying for a rebound. If you want to go long, wait for the RSI to turn upward and hold above 25; enter after a pullback to 495 that doesn’t break. For shorting: wait for a rebound into the 515–520 area, then only consider it once the RSI falls back below 50.
My take: The drop was too fast in the short term—there are already buyers catching the wick at 492. But the trend hasn’t turned yet; bottom-picking needs confirmation signals.
#AMD #山寨币 #Oversold rebound
Bro with ideas~ come find Nini to customize your personal strategy 💕