Can't drop any lower! $CL hit the iron bottom at 71.62, RSI smashed through 21 signaling an epic buying opportunity!
Oil bears are on their last legs! Check out the 4-hour RSI(6) that has plunged straight into the extreme oversold zone at 21, washing out all the panic sellers.
The big players are dumping hard just to scoop up those bloodied coins, and the support at 71.6 is incredibly strong. As long as we hold this level, we are definitely looking at a violent rebound from the oversold conditions, first target straight to reclaim MA7 (72.78), and if we break that, we’ll eye MA25 (75.34)!
Now is the unbeatable golden entry point for risk-reward, bulls, load up!
Bargain hunters hit 888 🚀
Think it’ll drop more? Bears hit 111 🤡
#CLUSDT #Oil #Long #BottomFishing #BinanceSquare
Oil bears are on their last legs! Check out the 4-hour RSI(6) that has plunged straight into the extreme oversold zone at 21, washing out all the panic sellers.
The big players are dumping hard just to scoop up those bloodied coins, and the support at 71.6 is incredibly strong. As long as we hold this level, we are definitely looking at a violent rebound from the oversold conditions, first target straight to reclaim MA7 (72.78), and if we break that, we’ll eye MA25 (75.34)!
Now is the unbeatable golden entry point for risk-reward, bulls, load up!
Bargain hunters hit 888 🚀
Think it’ll drop more? Bears hit 111 🤡
#CLUSDT #Oil #Long #BottomFishing #BinanceSquare