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GOAT down 10% and testing $1 support—here's what the chart says:
RSI at 35.42 = oversold bounce territory
MACD just flipped bearish
Price sitting below both 50 & 200-day MA
So what now? Either sellers capitulate and we bounce, or we break $1 and retest lower. Classic liquidation cascade.
The real question: is this a buying opportunity or a warning sign? Look at the volume profile—if buyers show up here, reversal play. If they ghost, could get uglier.
Not financial advice. Just reading what the chart is telling us.