2 coins sitting at support. Both look ready to bounce #ARB #NEAR
$ARB — down 5.7% today, sitting at 0.1832. RSI 36.9 — oversold. Still above the 0.1621 low. If it reclaims 0.1872 (EMA7), I think it bounces back to 0.1947/0.2111.
$NEAR — down 11.6% today, holding at 5.057. RSI 31.6 — deeply oversold. Still above EMA99 at 4.953, so the bigger trend is intact. If it holds 5.057, next stop 5.293/5.735.
Two majors at support. Both oversold. Both still above their key EMAs.
Watching $NEAR closest here. RSI 31 + EMA99 holding = bounce setup.
$ARB — down 5.7% today, sitting at 0.1832. RSI 36.9 — oversold. Still above the 0.1621 low. If it reclaims 0.1872 (EMA7), I think it bounces back to 0.1947/0.2111.
$NEAR — down 11.6% today, holding at 5.057. RSI 31.6 — deeply oversold. Still above EMA99 at 4.953, so the bigger trend is intact. If it holds 5.057, next stop 5.293/5.735.
Two majors at support. Both oversold. Both still above their key EMAs.
Watching $NEAR closest here. RSI 31 + EMA99 holding = bounce setup.