超跌

Hook
$BTX 's decline is a bit scary, to be honest.

Technical Analysis
The overselling is obvious, but the trend has not reversed yet.
It feels more like an emotional release rather than a bottoming out.

Opinion
I will wait for confirmation and won't jump in first.


Attempt Range
0.013 – 0.014 (small position)

Target Levels
TP1: 0.017
TP2: 0.020
TP3: 0.024

Stop Loss
0.012
$BTX
Reasons for possible rebound
• Easy technical rebound after overselling
• If the Alpha sector warms up, the elasticity is high

Question
Would you dare to buy $BTX at this position?

👉 Follow me, don't engage in emotional trading
#BTX #超跌 #风险提示 #BinanceAlphaAlert #ALPHA

$BTC 1H #超跌
Breaks structure, rebound, second test fails
Bearish structure confirmed, rapid decline begins
News triggers acceleration, do not chase shorts on oversold
If bears want to short, they still need to wait for a rebound
Potential rebound phase targets 105.5K, 106.3K
On a larger scale, if it reaches the bottom of a large range
It will be a good opportunity to go long (100K)

$1000SATS has a huge trading volume and countless leveraged positions, which can be regarded as the base camp of the loss circle. Before the leverage of the contract is exposed, it is a bit difficult to rebound.
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