Although the overall trend remains bearish, the price has entered a deeply oversold area, and the RSI indicates diminishing downward momentum. The continuous decline on decreasing volume suggests selling pressure is waning, and the market is accumulating rebound strength. Once the price can break through and stay above the recent resistance, it is expected to attract a large number of buyers, forming a significant rebound.
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$AZTEC Downward momentum is weakening, and a potential reversal signal is appearing in the oversold area.
Prepare to go long $AZTEC
Entry: 0.01675 – 0.01700
Stop Loss: 0.01620
Target 1: 0.01820
Target 2: 0.01860
Target 3: 0.02080
Although the overall trend remains bearish, the price has entered a deeply oversold area, and the RSI indicates diminishing downward momentum. The continuous decline on decreasing volume suggests selling pressure is waning, and the market is accumulating rebound strength. Once the price can break through and stay above the recent resistance, it is expected to attract a large number of buyers, forming a significant rebound.
Trade $AZTEC here 👇