๐ฅ $DRAMB | ุดุฏูุฏ buying overhang on the 1H frame!
๐ฐ Price: 61.31
๐ RSI 1H: 80.15 โ Extreme Overbought ๐ด
๐ด Recommendation: SHORT cautiously after reversal confirmation appears.
๐ฏ TP1: 60.50
๐ฏ TP2: 59.70
๐ฏ TP3: 58.80
๐ SL: 62.30
๐ RSI above 80 means a very strong buying overbought condition, and we may see a pullback, but overbought alone does not mean the top is confirmed.
๐ฅ SHORT confirmation: price rejection appears, then a break below 60.50.
๐ข A break above 62.30 and holding above it cancels the bearish scenario.
โ ๏ธ Donโt sell directly just because RSI reached 80; wait for movement confirmation.
$DRAMB #DRAMB #DRAMBUSDT
๐ฐ Price: 61.31
๐ RSI 1H: 80.15 โ Extreme Overbought ๐ด
๐ด Recommendation: SHORT cautiously after reversal confirmation appears.
๐ฏ TP1: 60.50
๐ฏ TP2: 59.70
๐ฏ TP3: 58.80
๐ SL: 62.30
๐ RSI above 80 means a very strong buying overbought condition, and we may see a pullback, but overbought alone does not mean the top is confirmed.
๐ฅ SHORT confirmation: price rejection appears, then a break below 60.50.
๐ข A break above 62.30 and holding above it cancels the bearish scenario.
โ ๏ธ Donโt sell directly just because RSI reached 80; wait for movement confirmation.
$DRAMB #DRAMB #DRAMBUSDT