$PARTI USDT – Oversold Reversal or More Blood? 🚨🔻
The bears have had complete control, smashing PARTIUSDT down nearly 19% in the last 24 hours. Price tanked from $0.3339 to $0.2506, breaking structure and closing far below the EMA(7) at $0.2620 and EMA(25) at $0.2879. The downtrend is strong, but RSI(6) is now at 13.78, indicating extreme oversold conditions. Could smart money be looking for liquidity here?
This could be a dead cat bounce or a chance for a short-term mean reversion. If bulls fail to reclaim the $0.2620 EMA, the next drop could push PARTIUSDT lower into a deeper liquidity zone. However, a relief rally to trap late shorts is also on the table.
📊 Potential Reversal Setup (High Risk!):
Entry: Above $0.2550 (confirmation needed)
Stop Loss: $0.2490 (below local low)
Take Profit 1: $0.2620 (EMA(7) test)
Take Profit 2: $0.2760 (mid-range rejection zone)
Take Profit 3: $0.2879 (EMA(25) liquidity grab)
🚨 Why This Setup?
Smart money thrives on liquidity grabs, and with RSI(6) this low, we could see a relief pump before continuation. However, this is not a reversal yet—watch volume and price action carefully!
Short/Long here 👇 Buy/hodl 👉$PARTI
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