The chart for $1000WHY /USDT Perpetual on Binance shows a sharp -23.28% drop in the last 24 hours, with the price now sitting at 0.00000201 after a recent pump followed by a strong red candle rejection near the upper Bollinger Band (0.00000300 high).
Despite the dump, momentum indicators are flashing mixed but interesting signals:
RSI(14) ~56 (neutral, not oversold yet)
Stochastic K ~63 / D ~74 (still elevated, potential short-term pullback)
MACD showing positive histogram bars and DIF/DEA crossover bullish recently
Price bounced hard from lower Bolli (~0.00000113-0.00000175 zone) before the drop
Massive volume spike visible on the bars – liquidity is there for volatile moves
This looks like a classic meme/altcoin shakeout after hype. The 1D performance is still positive in recent weeks before this correction, and long/short ratios show balanced interest (L/S Ratio 0.61, Acc 0.63 favoring slight shorts but positions more longs recently).
🚀 TRADE IDEA – LONG Setup with Caution!
Enter LONG $1000WHY/USDT around current levels or on a retest of 0.00000189–0.00000191 support.
🎯 Take Profit Targets:
1st TP: 0.00000240 (+19%)
2nd TP: 0.00000280 (+39%)
3rd TP: 0.00000320 (near recent high, +59%)
🛑 Stop Loss: below 0.00000175 (invalidates the bounce structure, ~13% risk)
High-risk, high-reward play – perfect for scalpers & momentum traders in this volatile micro-cap space. Use low leverage (3-5x max) and manage risk tightly!
Trade $1000WHY /USDT Now! Follow & turn 🔔 on for more setups ✅ Don't miss the next pump!
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