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Sohag gazi abdur rahim
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The RSI(6) is currently at 26.27, indicating an oversold condition, which often leads to a short-term price bounce. The price is trading near a key support level around $0.01548 increasing the chances of a reversal if this level holds.
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Sohag gazi abdur rahim
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Argument in favor of buying ✅ ◾A long lower wick shows strong buying pressure at lower prices. ◾RSI(6) : At 40.90, not overbought so price has room to move up. ◾After a big correction a short-term relief rally is possible. ◾Higher volume on the drop
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The market is currently in a heavy sell-off phase. while the RSI (5.63) suggests the coin is extremely oversold and a bounce might happen soon,the MACD shows no signs of a reversal yet. Recommendation : It is risky to catch a falling knife. Wait for a b
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Technical Outlook ⬇️ Analysis : The price is currently significantly deviated below its intrinsic technical value. From a technical standpoint, there is a 95 % probability of a 'Mean Reversion'. However, since this is a meme coin, it is crucial to monitor
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Right now, this chart looks like it is sliding down a steep hill. For those who like to take risks,this could be a 'Bottom Fishing' opportunity (buying at the lowest price). But remember, since this is a meme coin,it can jump up very fast 🚀 but it can a
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Market Analysis and Observation ✅ Technical Outlook: The current chart indicates that the price is entering a consolidation phase, attempting to establish stability at these levels. For a confirmed bullish reversal, it is recommended to wait for a decisi
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