After a staggering 63% surge, $BROCCOLI has experienced a sharp pullback, currently down nearly 80% from its high. It is attempting to form a bottom at its all-time low. This is a textbook example of a massive, high-risk "dead cat bounce" pattern—a strong rally that could recover 30-50% of the losses.
Trading Setup
· Entry Zone: $0.0200 - $0.0206
· Take Profit 1: $0.0250
· Take Profit 2: $0.0300
· Stop Loss: $0.0190
Short-Term Market Outlook
The catastrophic decline has peaked at an absolute low. The short-term trend suggests a strong corrective rebound is imminent. Key support is at $0.0200. Any decisive rebound and a close above $0.0210 would signal the start of a short-term recovery.
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{alpha}(560x12b4356c65340fb02cdff01293f95febb1512f3b)
#BROCCOLI #MEME #deadcatbounce #VOLATILITY #Reversal