$STAR SHORT
Will the sellers manage to push the asset further after such a sharp drop in the lower timeframes?
Extreme RSI readings hint at massive oversold conditions, but selling pressure from shorts is still being maintained thanks to the positions being held steadily by large capital. This kind of momentum leaves decent chances for the development of a bearish scenario, though ruling out a local rebound entirely is not possible.
🏁Entry: 0.12787$
🎯Target 1: 0.12582408$
🎯Target 2: 0.12173224$
🎯Target 3: 0.1176404$
🎯Target 4: 0.1099682$
🎯Target 5: 0.076722$
⛔️Stop: 0.13349628$
📈 RSI14: m1 9.0 • m5 17.4 • m15 26.0 • m30 31.1
📊 VOL: m1 $221.4K • m5 $243.3K • m15 $257K • m30 $274.8K
🧲 OI: now $4.7M • 5m -0.0% • 15m -1.1% • 30m +0.7%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#STAR #cryptotrading #STG 📈
$STAR
Will the sellers manage to push the asset further after such a sharp drop in the lower timeframes?
Extreme RSI readings hint at massive oversold conditions, but selling pressure from shorts is still being maintained thanks to the positions being held steadily by large capital. This kind of momentum leaves decent chances for the development of a bearish scenario, though ruling out a local rebound entirely is not possible.
🏁Entry: 0.12787$
🎯Target 1: 0.12582408$
🎯Target 2: 0.12173224$
🎯Target 3: 0.1176404$
🎯Target 4: 0.1099682$
🎯Target 5: 0.076722$
⛔️Stop: 0.13349628$
📈 RSI14: m1 9.0 • m5 17.4 • m15 26.0 • m30 31.1
📊 VOL: m1 $221.4K • m5 $243.3K • m15 $257K • m30 $274.8K
🧲 OI: now $4.7M • 5m -0.0% • 15m -1.1% • 30m +0.7%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#STAR #cryptotrading #STG 📈
$STAR
