Right now, panic is everywhere.
Trump has dropped hard and is trading around $3.31, putting many retail traders under pressure. Fear is taking over as the downtrend looks aggressive, but this is exactly where emotion and data start to separate.
Smart money isn’t watching emotions — it’s watching RSI.
📉 Extreme Capitulation Zone (RSI 19)
Daily RSI has fallen to 19, which is extremely rare. Levels this low usually signal maximum pain, not smart selling.
Yes, the trend is still down, but selling into an RSI this stretched has historically been a bad decision. Price is also pressing against the lower Bollinger Band near $3.25, an area that often sparks relief bounces.
🧱 Liquidity Zone: $2.98 – $3.20
This area matters.
• Major swing low sits at $2.98
• Market makers often dip price below key round numbers to grab stops
• Volume is drying up, meaning sellers are losing strength
This looks less like strong conviction selling and more like a liquidity grab.
🛠️ The Game Plan
This is not a blind buy.
Setup idea:
• Allow a possible sweep below $2.98
• Wait for confirmation: a 4H close back above $3.33
🎯 Upside Targets
• Target 1: $4.17 – $4.29
• Target 2: $4.23 (Daily EMA 20)
❌ Invalidation
• A daily close below $2.98 opens risk toward much lower levels
🧠 Big Picture
• Sentiment: Extreme fear
• Structure: Testing major support
• Play: Patience → confirmation → bounce trade
This is where weak hands panic and disciplined traders wait.
Trade
$TRUMP Here
#CryptoMarket #RSI #Marketpsychology #altcoins #tradingview