🚨 High time to long. #ARB and #NEAR are bleeding out, but the bottom is near 👀
$ARB — Dumped to 0.148 and now fighting back at 0.155. RSI is 37.6 — heavily oversold. It’s sitting right on a major support zone. If buyers step in here, a violent relief bounce to 0.168 is coming.
$NEAR — Dropped from 5.00 to 3.63, now bouncing to 3.76. RSI is 32.6 — deeply oversold. The selling is exhausted. One push above 3.89 (EMA7) and the short squeeze will be nasty.
Both are at extreme discount levels. Late shorts are getting too greedy here. The risk-reward for a long bounce is too good to ignore.
Watching $NEAR closest here. RSI 32 is a ticking time bomb.
#CryptoDropbit
$ARB — Dumped to 0.148 and now fighting back at 0.155. RSI is 37.6 — heavily oversold. It’s sitting right on a major support zone. If buyers step in here, a violent relief bounce to 0.168 is coming.
$NEAR — Dropped from 5.00 to 3.63, now bouncing to 3.76. RSI is 32.6 — deeply oversold. The selling is exhausted. One push above 3.89 (EMA7) and the short squeeze will be nasty.
Both are at extreme discount levels. Late shorts are getting too greedy here. The risk-reward for a long bounce is too good to ignore.
Watching $NEAR closest here. RSI 32 is a ticking time bomb.
#CryptoDropbit
