📉 OPEN at $7.60 – Golden Entry Zone? 📉
Support zone extended: $7.50–$7.60 is now the key demand area. If this holds, it sets the stage for a sharp reversal.
Oversold conditions: RSI dipping back near oversold = sellers may be exhausted.
Volume check: Flushes into support are happening on lighter volume → no real panic selling.
Big picture: Consolidation is healthy after recent runs. The risk/reward down here is even better.
Trigger level: Watch for a reclaim above $7.80 → could ignite a push back to $8.50, then $9.50+.
At $7.60, you’re basically sitting at the floor of the range. If it holds, the bounce could be powerful. 🚀🐅
Not financial advice — but these are the levels smart money watches.
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