$H /USDT RSI drops to 27—are you brave enough to catch this falling knife?



H_USDT - Go LONG

Trading plan:
Entry: 0.0582 – 0.0592
SL: 0.0529
TP1: 0.0630
TP2: 0.0659
TP3: 0.0703

Why focus on this setup?
- The 15-minute RSI is only 27.52—extremely oversold. Based on historical data, the probability of a bounce from similar levels is high.
- The 4-hour trend is clearly LONG. Reference price: 0.0587. TP1 = 0.0630, with a reward-to-risk ratio over 2:1.
- Although the daily chart is bearish, the combination of short-term oversold conditions plus a high-confidence signal may trigger short covering.

Discussion:
If we enter at 0.0587 now, do you think it will hit TP1 first, or get swept by the SL?
H-14.84%
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