Zain ml
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$INIT Short Trade Signal – Final Target $0.811INIT
is currently trading at $0.8931 after an explosive 346.55% gain in the last 24 hours. Extreme overbought conditions on RSI (88.70 on RSI(6)) and KDJ (K at 79.90) indicate a high probability of a pullback. Volume suggests potential profit-taking soon.Simple Trade
Plan:Sell Range: $0.8931 – $0.9158
Target 1: $0.8345
Target 2: $0.8200
Final Target: $0.8110
Stop-Loss: Above $0.9260 (for risk management)Indicators like RSI and KDJ strongly favor a downward move, despite the bullish MACD. As long as $0.9260 isn’t breached, the bearish setup remains valid.
is currently trading at $0.8931 after an explosive 346.55% gain in the last 24 hours. Extreme overbought conditions on RSI (88.70 on RSI(6)) and KDJ (K at 79.90) indicate a high probability of a pullback. Volume suggests potential profit-taking soon.Simple Trade
Plan:Sell Range: $0.8931 – $0.9158
Target 1: $0.8345
Target 2: $0.8200
Final Target: $0.8110
Stop-Loss: Above $0.9260 (for risk management)Indicators like RSI and KDJ strongly favor a downward move, despite the bullish MACD. As long as $0.9260 isn’t breached, the bearish setup remains valid.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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