𩞠The kings are bleeding â BTC, ETH, and DOGE all catching red candles today.
When the market rips down 3-7% across the board, it is not about individual charts anymore. It is about risk-off. But here is the thing: selloffs create opportunities for those who know where to look.
đ BTC ($83,472 | -2.7%)
RSI on 4H sitting at 33.9 â flirting with oversold. Volume ratio 1.23x means sellers are active but not panicking. Price is below SMA7 on 4H ($84,304) which is now acting as resistance. Daily RSI at 53.6 still has room to drop. The $83K support zone is the line in the sand.
đ· ETH ($2,574 | -4.9%)
RSI 4H at 26.5 â deep oversold territory. Volume surging at 1.39x average. ETH is below all short-term MAs and the daily SMA25 ($2,638) just flipped to resistance. MACD histogram on 4H is negative and expanding. Historically, RSI below 27 on 4H has marked local bottoms â but confirmation needed.
đ DOGE ($0.0889 | -7.0%)
Long/short ratio at 3.41 â heavily long-biased, which is a contrarian bearish signal. RSI 4H at 31.2, trending down with conviction. Volume is normal (0.98x) suggesting this is a slow bleed, not a capitulation. SMA99 daily at $0.0805 is the next major support.
đ Trade Plans:
âą BTC SHORT: Entry $83,078-$83,865 | SL $85,047 | TP1 $80,586 | TP2 $78,094
âą ETH SHORT: Entry $2,558-$2,590 | SL $2,637 | TP1 $2,482 | TP2 $2,405
âą DOGE SHORT: Entry $0.0881-$0.0898 | SL $0.0923 | TP1 $0.0854 | TP2 $0.0828
Which one do you think bounces first? Drop your pick below đ
#BTC #ETH #DOGE
When the market rips down 3-7% across the board, it is not about individual charts anymore. It is about risk-off. But here is the thing: selloffs create opportunities for those who know where to look.
đ BTC ($83,472 | -2.7%)
RSI on 4H sitting at 33.9 â flirting with oversold. Volume ratio 1.23x means sellers are active but not panicking. Price is below SMA7 on 4H ($84,304) which is now acting as resistance. Daily RSI at 53.6 still has room to drop. The $83K support zone is the line in the sand.
đ· ETH ($2,574 | -4.9%)
RSI 4H at 26.5 â deep oversold territory. Volume surging at 1.39x average. ETH is below all short-term MAs and the daily SMA25 ($2,638) just flipped to resistance. MACD histogram on 4H is negative and expanding. Historically, RSI below 27 on 4H has marked local bottoms â but confirmation needed.
đ DOGE ($0.0889 | -7.0%)
Long/short ratio at 3.41 â heavily long-biased, which is a contrarian bearish signal. RSI 4H at 31.2, trending down with conviction. Volume is normal (0.98x) suggesting this is a slow bleed, not a capitulation. SMA99 daily at $0.0805 is the next major support.
đ Trade Plans:
âą BTC SHORT: Entry $83,078-$83,865 | SL $85,047 | TP1 $80,586 | TP2 $78,094
âą ETH SHORT: Entry $2,558-$2,590 | SL $2,637 | TP1 $2,482 | TP2 $2,405
âą DOGE SHORT: Entry $0.0881-$0.0898 | SL $0.0923 | TP1 $0.0854 | TP2 $0.0828
Which one do you think bounces first? Drop your pick below đ
#BTC #ETH #DOGE