$龙虾 🦞 龙虾/USDT — REVERSAL WATCH 👀
Current: 0.070377
1H: -10.06%
1H Range: 11.71%
The chart just experienced a heavy sell-off, dropping from 0.078877 to 0.069710. Sellers are clearly in control, but 0.0697 is now the key reaction zone.
🎯 MY READ
Short-term: 🔴 Bearish
Potential bounce: 🟡 Yes
Best approach: Wait for confirmation
I would not chase a short at 0.0703 after such a sharp drop.
⚡ THE GAME PLAN
🔴 SHORT SCENARIO
1H close below 0.0697 → bearish continuation
Targets:
0.0670 → 0.0650
🔑 LEVELS TO WATCH
0.0697 — Critical support
0.0715 — First bullish reclaim
0.0750 — Recovery confirmation
0.0789 — Major resistance
🧠 MY CHOICE
If I were trading this myself, I’d wait rather than predict the bottom.
Hold 0.0697 + reclaim 0.0715 = LONG 🟢
Lose 0.0697 = SHORT 🔴
No confirmation = NO TRADE.
🔥 Volatility: Very High
⚠️ Keep leverage and position size controlled.
#LongOrShort #ReversalWatch #cryptotrading #FuturesTrading #TechnicalAnalysis
Current: 0.070377
1H: -10.06%
1H Range: 11.71%
The chart just experienced a heavy sell-off, dropping from 0.078877 to 0.069710. Sellers are clearly in control, but 0.0697 is now the key reaction zone.
🎯 MY READ
Short-term: 🔴 Bearish
Potential bounce: 🟡 Yes
Best approach: Wait for confirmation
I would not chase a short at 0.0703 after such a sharp drop.
⚡ THE GAME PLAN
🔴 SHORT SCENARIO
1H close below 0.0697 → bearish continuation
Targets:
0.0670 → 0.0650
🔑 LEVELS TO WATCH
0.0697 — Critical support
0.0715 — First bullish reclaim
0.0750 — Recovery confirmation
0.0789 — Major resistance
🧠 MY CHOICE
If I were trading this myself, I’d wait rather than predict the bottom.
Hold 0.0697 + reclaim 0.0715 = LONG 🟢
Lose 0.0697 = SHORT 🔴
No confirmation = NO TRADE.
🔥 Volatility: Very High
⚠️ Keep leverage and position size controlled.
#LongOrShort #ReversalWatch #cryptotrading #FuturesTrading #TechnicalAnalysis
