A strong opportunity to enter a sell trade at $BLUAI
.
Entry level: 0.009439 - 0.009647
Take profit level 1: 0.00840
Take profit level 2: 0.00749
Stop loss: 0.01010
The asset is in a severe overbought state after an equivalent rise to 0.010848, with the RSI(6) on the hourly timeframe reaching 91.71, indicating extreme exhaustion. I am looking for a mean-reversion trade, as the 15-minute chart shows a clear rejection wick and a break below the immediate local support level.
Click here to trade 👇👇👇
.
Entry level: 0.009439 - 0.009647
Take profit level 1: 0.00840
Take profit level 2: 0.00749
Stop loss: 0.01010
The asset is in a severe overbought state after an equivalent rise to 0.010848, with the RSI(6) on the hourly timeframe reaching 91.71, indicating extreme exhaustion. I am looking for a mean-reversion trade, as the 15-minute chart shows a clear rejection wick and a break below the immediate local support level.
Click here to trade 👇👇👇