$USELESS : Take a quick LONG entry on extreme overselling.
The asset is severely oversold with the 1h RSI(6) at 9.22 and the 15m RSI(6) at 17.86, indicating an extreme exhaustion of selling pressure near the support level 0.05875. A mean-reversion scalp is highly likely, since the price is significantly deviating from the 15m MA7.
Entry: 0.0576 – 0.0589
Stop Loss: 0.05530
TP1: 0.06152
TP2: 0.06414
Click here to trade 👇
The asset is severely oversold with the 1h RSI(6) at 9.22 and the 15m RSI(6) at 17.86, indicating an extreme exhaustion of selling pressure near the support level 0.05875. A mean-reversion scalp is highly likely, since the price is significantly deviating from the 15m MA7.
Entry: 0.0576 – 0.0589
Stop Loss: 0.05530
TP1: 0.06152
TP2: 0.06414
Click here to trade 👇