🔴 $SYRUP | Overbought on the 4H frame!
💰 Price: 0.1715
📊 RSI 4H: 73.82 → Overbought 🔴
🔴 Recommendation: SHORT carefully after confirmation of rejection.
🎯 TP1: 0.1690
🎯 TP2: 0.1660
🎯 TP3: 0.1625
🛑 SL: 0.1750
📉 RSI above 70 indicates overbought conditions and the possibility of a pullback, but overbought alone does not mean a trend reversal.
🔥 Confirm SHORT: price rejection then a break below 0.1690.
🟢 A break of 0.1750 and holding above it invalidates the bearish scenario.
⚠️ Don’t enter the short just because RSI reached 73.82; wait for confirmation.
$SYRUP #SYRUP #SYRUPUSDT #Binance
💰 Price: 0.1715
📊 RSI 4H: 73.82 → Overbought 🔴
🔴 Recommendation: SHORT carefully after confirmation of rejection.
🎯 TP1: 0.1690
🎯 TP2: 0.1660
🎯 TP3: 0.1625
🛑 SL: 0.1750
📉 RSI above 70 indicates overbought conditions and the possibility of a pullback, but overbought alone does not mean a trend reversal.
🔥 Confirm SHORT: price rejection then a break below 0.1690.
🟢 A break of 0.1750 and holding above it invalidates the bearish scenario.
⚠️ Don’t enter the short just because RSI reached 73.82; wait for confirmation.
$SYRUP #SYRUP #SYRUPUSDT #Binance