The RSI indicator is measured on the daily interval. If it drops to 20 to 18, it is excellent for speculation because it gives a good speculative face. It targets the 50 RSI area, then returns to make a final wave, which is excellent for investment.
mohamed tolba
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Bearish
This is so weird ❗❗🚨 $Trump / USDT ALERT$TRUMP Massive Drop Critical Support Tested... $Trump has dropped to 16.92, losing 7.84%, with the RSI at 22.57, indicating extremely oversold conditions. This sharp drop reflects the increasing selling pressure and uncertainty in the market. Key levels to watch: Immediate Resistance: 17.50 - A recovery above this could stabilize price action. Critical Support: 16.30 - A breach of this level could accelerate the downtrend towards 15.80. Trump 17.16 -7.29% Trade Setup: Long Entry: Above 17.50, targeting 18.00 & 18.50. Short Entry: Below 16.30, targeting 15.80 & 15.20. Risk Management: Stop Loss: Long below 16.50, short above 17.60. Keep an eye on volume and volatility for further clues about potential reversals or continued downward momentum.
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