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$ZIG Strong Oversold Technical Signal:
Double support: The price not only hit the bottom for 3 days but also approached the lower Bollinger band (0.059 USDT), an important dynamic support area.
Deep oversold RSI: Confirms that the downward momentum may have exhausted, increasing the probability of a technical rebound ( or at least temporary stability.
Volume increases during price drops: This phenomenon can be interpreted in two positive ways:
The selling pressure is being absorbed: There is a large enough buying volume that is taking in all the sell orders, preventing the price from dropping further.
Accumulation: "Sharks" or institutional investors may be accumulating at price levels they find attractive, preparing for a future price increase.
Clear legal framework: Actions from the US, UK, and EU are not just short-term positive news but also establish a sustainable legal infrastructure. This minimizes systemic risk and paves the way for large-scale institutional capital participation.
Buying in fear: The "buy when blood is running in the streets" strategy is based on the premise that pricing has reflected most of the bad news. With the Fear & Greed index at 24, the market may be at or near a psychological bottom.
The bad news is that because we are at the bottom of fear, prices could drop an additional 40%.
The good news is that if you invest in high risk, you can make a huge profit by going against the trend. Set a stop loss and accept a small loss if it decreases, but if it increases, hope for a level of 0.65.