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#FLOCK The bullish news came out, which is why it surged. Once implemented, the bull market is dead.

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CoinCircleDreamer7740
Everyone is rushing for FLOCK’s bounce, but I’m watching this pit at 0.0303000.

The 15-minute RSI has crashed to 25.77—classic oversold—but the daily trend is still bearish. The 4-hour chart’s bearish signals are very clear: price is hovering around the entry zone. Behind it is 6.8 points of downside momentum, while the bulls’ score is pitifully weak (-1.3). Oversold doesn’t equal a reversal, especially when the bigger direction is still saying “lower.”

Entry 0.0302441-0.0303559, stop loss 0.0312878

TP1 0.0295592 takes the first leg, TP2 0.0290653 the second leg, TP3 0.0283244 to wrap it up

Leave room in position sizing—this kind of range rebound also moves fast.

$FLOCK
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FLOCKFLOCK-4.22%


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Comment 2
Regret
What bullish news?