$ID DEEP OVERSOLD WITH RSI DIVERGENCE – REVERSAL SETUP 🔥
Entry: 0.0332-0.0360 🔥
Target: 0.0405 🚀
Target: 0.0470 🚀
Target: 0.0550 🚀
Stop Loss: 0.0308 ⚠️
The 4H chart shows ID hitting deep oversold territory for the first time in months. Bullish RSI divergence is confirmed alongside a sharp bounce from the green entry zone — volume absorption at this level suggests the selling climax is behind us. The tight stop below the recent low keeps risk defined while targeting a relief rally of over 50% to the first target.
Did the capitulation sweep create a sustainable local bottom here?
Not financial advice. Always manage your risk.
#ID #LongSetup #Oversold #RSIDivergence #Reversal
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Entry: 0.0332-0.0360 🔥
Target: 0.0405 🚀
Target: 0.0470 🚀
Target: 0.0550 🚀
Stop Loss: 0.0308 ⚠️
The 4H chart shows ID hitting deep oversold territory for the first time in months. Bullish RSI divergence is confirmed alongside a sharp bounce from the green entry zone — volume absorption at this level suggests the selling climax is behind us. The tight stop below the recent low keeps risk defined while targeting a relief rally of over 50% to the first target.
Did the capitulation sweep create a sustainable local bottom here?
Not financial advice. Always manage your risk.
#ID #LongSetup #Oversold #RSIDivergence #Reversal
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