1. Oversold technical zone: RSI is in the extremely oversold zone, combined with a doji candle near the 3-day low of ( 0.06162 USDT ), indicating the possibility of a temporary ( technical bounce ). If you are a short-term day trader, this could be the area to look for a technical recovery. 2. Clear macro support: News about regulations from the US and Europe is basically positive in the long term, creating a clearer legal framework. This is good for the sustainable development of the entire market, including ZIG. 3. Risks have been partially priced in: The Fear & Greed Index is at 25 (Extreme Fear) usually indicates that a lot of bad news has already been reflected in the price. Buying in times of fear can be a strategy for long-term investors.
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$ZIG Reason to buy in
1. Oversold technical zone: RSI is in the extremely oversold zone, combined with a doji candle near the 3-day low of ( 0.06162 USDT ), indicating the possibility of a temporary ( technical bounce ). If you are a short-term day trader, this could be the area to look for a technical recovery.
2. Clear macro support: News about regulations from the US and Europe is basically positive in the long term, creating a clearer legal framework. This is good for the sustainable development of the entire market, including ZIG.
3. Risks have been partially priced in: The Fear & Greed Index is at 25 (Extreme Fear) usually indicates that a lot of bad news has already been reflected in the price. Buying in times of fear can be a strategy for long-term investors.