$Bull Comes 💰

🩸 Bull Comes: The heavy-volume crash selloff has run its course; more than half the losses have been recovered. Current price: 0.04820. Short covering has taken over.

📊 Key data:
❌ 1H EMA20<EMA50, with trend-related selling pressure in control
❌ 4H structure is bearish, with the trend acting as resistance|BTC environment: BEAR
📊 RSI 27|Volume 1.18x, bullish momentum is dominant
📈 OI(3H) -0.66%|Short covering, not new long positions

💡 Bull Comes USDT: The waterfall selloff washout appears to have bottomed, recovering a key level

🎯 Action: Go long
• Entry: 0.04755 ~ 0.04807
• Stop loss: 0.04459 (dynamic ATR)
• Target 1: 0.05225 (risk/reward ratio 1:1.2)
• Target 2: 0.05399 (risk/reward ratio 1:1.7)

⚠️ Risk: Watch for a second bottom test in the early stages of the rebound

Data source: Binance USD-M|DYOR

$SOPH $PIEVERSE