The chart for
$DF / USDT (dForce perpetual) is screaming extreme oversold conditions right now! Price just dumped -23.55% in the last session, hitting a brutal low of ~0.00623 after breaking down hard from the Bollinger Band squeeze. We're talking:
RSI(6) at rock-bottom 7.45 & RSI(14) ~18.28 → deeply oversold, classic rebound setup
Heavy volume spike on the final red candle (968M+ peak) → capitulation vibes
MACD deeply negative but flattening, hinting at potential divergence soon
Long/Short Ratio 4.81 with 82.78% longs dominating positions & accounts → crowded longs getting wrecked, perfect for a squeeze play
Price sitting right at key demand zone after -90%+ yearly bleed
This looks like exhaustion selling – smart money often hunts stops here before reversal. High risk, high reward scalp setup incoming!
🚨 TRADE FORECAST: LONG
$DF USDT Now! 🚨
Entry: around current ~0.0072–0.0073
Take Profit 1: 0.0085 (first resistance reclaim ~+18%)
Take Profit 2: 0.0095 (previous structure ~+32%)
Stop Loss: 0.0061 (below daily low, invalidation ~ -15%)
Leverage responsibly (5-10x max suggested), tight risk management is key in this volatility! Don't FOMO blind – wait for confirmation candle if possible.
Who's jumping in on this bounce? Drop 🔥 if you're loading longs! Let's catch the reversal wave.
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#PerpetualFutures #Oversold #BullishReversal