$W /USDT – Short-Term Rebound or Breakdown Setup
Current Price: 0.0898
RSI(6): 36 (near oversold, but not extreme)
Trend: Short-term downtrend (lower highs & lower lows)
Option 1 : Short-Term Long (Scalp Rebound Play)
- Entry: 0.0896–0.0898
- Target 1: 0.0905
- Target 2: 0.0912 (if momentum is strong)
- Stop-Loss: 0.0892 (just below recent low)
Reason: RSI near oversold, possible bounce from recent support at 0.0894.
Option 2 : Trend-Follow Short (If Support Breaks)
- Entry: On a confirmed break below 0.0894
- Target 1: 0.0888
- Target 2: 0.0882
- Stop-Loss: 0.0899
Reason: Continuation of downtrend if the support fails.
Risk Management :
Use small position size since the price is in a volatile zone.
If you go long, take quick profits — the main trend is still bearish.
If you go short, wait for a clean candle close below 0.0894 to avoid fakeouts.
