📜 Most altcoins reached fully oversold areas on the daily #RSI indicator pointing for a reversal.
$RNDR is a great example:
Short thread 🧵 👇
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🔸 Super strong bounce over the main $7 support
🔸 Strong daily close 3 days ago, pointing for reversal
🔸 Breaching up the downtrend resistance which has been active for 3 weeks
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⚡️ With breakout confirmed on the $7,8- $8,3 range for entry
🎯 It enables a further bullish wave towards the $10 resistance
✅ Meaning a +25% potential upside on the move
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⚡️ Besides #Render, $SOL & others also have interesting set ups.
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Twitter@crypto_rand|09:23 AM - Jun 20, 2024
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