📉 $RNBW
RNBW
Alpha
0.028403
-18.15%
/USDT Massive Crash — Dead Cat Bounce or High-Risk Reversal?
RNBW has experienced extreme selling pressure on the daily timeframe, crashing over 60% in a single move after failing near the 0.14 zone and losing major structure. Price flushed hard toward 0.028 and is now showing a small rebound near 0.039, which sits below broken support and acts as strong resistance. This bounce looks speculative and risky, and unless price reclaims above 0.050, downside volatility may continue.
Trade Setup
Entry: 0.038 – 0.042
Target 1: 0.034
Target 2: 0.030
Target 3: 0.026
Stop Loss: 0.052