Three signals.
$VELODROME 4 hours RSI smashed to 92.1—overbought.
$ZEC 5 minutes RSI smashed to 9.2—oversold.
$INTC 4 hours RSI 17.0—oversold.
$VELODROME 4 hours RSI 92.1. Extremely overbought. Current price 0.02056. Up 15.96% in 24h. This round surged from 0.0173 all the way to 0.02583, then got knocked back to 0.02056. A 4-hour candle with a volume spike of nearly 18 million u—classic pump-and-dump behavior.
Support: 0.0188, 0.0173. Resistance: 0.0258, 0.0220.
Fee +0.005%. The bulls are still charging into the high zone, and a whole bunch of people got forced to catch the knife after getting knocked down.
Current price: 0.02056. Slightly bearish. Entry: 0.0205–0.0215. Stop-loss: 0.0235. Targets: 0.0180 / 0.0173. Risk/reward about 1:2.
RSI at 92 paired with a long upper wick—this pattern is one I've seen too many times. A rise and reversal is just a rise and reversal; I don’t believe the bulls can push it back up immediately.
$ZEC 5 minutes RSI 9.2—extremely oversold. Current price: 501.80. Down 3.88% in 24h. It has been slaughtered from 522 down to 500; the 500 psychological level is being tested.
Support: 500, 488. Resistance: 515, 527.
Fee -0.0003%. Shorts are paying; retail is chasing shorts to the extreme.
Current price: 501.80. Slightly bullish. Entry: 500–502. Stop-loss: 488. Targets: 515 / 527. Risk/reward about 1:2.
The 500 round-number level, single-digit RSI—shorts squeezed to the last drop of blood. At this spot, shorting just isn’t a good trade.
$INTC 4 hours RSI 17.0—extremely oversold. Current price: 97.29. Down 4.80% in 24h. A single 4-hour candle was directly smashed from 103 to 97, with a volume of 53 million u—panic selling came out.
Support: 95.77, 97. Resistance: 102, 104.
Fee: 0. No clear tilt between bulls and bears—purely price being slammed down.
Current price: 97.29. Slightly bullish. Entry: 97–98. Stop-loss: 95.5. Targets: 102 / 104. Risk/reward about 1:2.
A big bearish candle smashed it out, with volume at ten times normal. After a panic dump, there’s often a rebound; since the risk/reward is favorable, I’m taking it.
Short VELODRONE; watch ZEC and INTC for a rebound. I’m watching.
#VELODROME #ZEC #INTC