#BRUSTD (Sharp rebound opportunity from oversold conditions)
🔥 BRUSDT$BR | Violent correction and approaching a rebound zone!
BRUSDT surged by over +35% to a peak of $0.677, and is now undergoing a sharp correction that has pushed the hourly RSI down to a low of 25.4 (oversold).
📌 Immediate plan:
Current price: approximately $0.572.
Entry zone (retest): Accumulate near the support formed by EMA(60), between $0.550 and $0.570.
Targets (Take Profit): $0.625 ⬅️ Retarget the peak at $0.670.
Stop Loss: An hourly candle close below $0.528.
💡 Technical rationale: The sharp drop in RSI to 25 gives the coin explosive potential for a quick speculative rebound after the excess is flushed out!
Technical analysis, not financial advice. Do your own research.
$SAND $QNT
#QNT #Zama
🔥 BRUSDT$BR | Violent correction and approaching a rebound zone!
BRUSDT surged by over +35% to a peak of $0.677, and is now undergoing a sharp correction that has pushed the hourly RSI down to a low of 25.4 (oversold).
📌 Immediate plan:
Current price: approximately $0.572.
Entry zone (retest): Accumulate near the support formed by EMA(60), between $0.550 and $0.570.
Targets (Take Profit): $0.625 ⬅️ Retarget the peak at $0.670.
Stop Loss: An hourly candle close below $0.528.
💡 Technical rationale: The sharp drop in RSI to 25 gives the coin explosive potential for a quick speculative rebound after the excess is flushed out!
Technical analysis, not financial advice. Do your own research.
$SAND $QNT
#QNT #Zama
