RED/USDT, oversold, bullish div, good risk to reward ratio

It is a bit of a weird one but I do like how oversold it is and how it held support on the trendline. It is a newer coin so a bit riskier form that perspective, but in terms of a setup the r/r seems good. For safer entry, I would wait for it to get above the yellow and test it for support and then buy if it holds. My target would be the top of the 4 hr ichimoku cloud.

I am not a financial advisor and these are just my opinions.