Analysis: Despite
RWA’s recent spike to $0.01, the RSI at 80 indicates overbought conditions on the 1-hour chart. A death cross on the 50/200 EMA is forming, suggesting a pullback. Short at $0.01 with a target of $0.0085 and a stop above $0.0105. Watch for declining volume to confirm the reversal.
Indicators: RSI, 50/200 EMA, Volume
Timeframe: 1-Hour
Target: $0.0085 | Stop Loss: $0.0105
Indicators: RSI, 50/200 EMA, Volume
Timeframe: 1-Hour
Target: $0.0085 | Stop Loss: $0.0105
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