CYS/USDT has recently shown an interesting divergence. The 15-minute and 1-hour cycles have already entered obvious overbought zones, with RSI reaching 83.6 and 82.5 respectively, which is a significant signal. However, looking at the 4-hour level, RSI is still at 74.9, and the overall trend remains strong, with the larger structural framework intact.



Key levels should be closely monitored. The current price is hovering around the strong resistance area at 0.47, with two checkpoints at 0.485 and 0.51 above, and support points at 0.45 and 0.425 below.

My approach is very clear — do nothing for now. Wait until the price either effectively breaks through 0.485 (then look towards 0.51, with a stop loss set at 0.475), or drops below 0.45 (switch to short, target 0.425, stop loss 0.46). But within the range between 0.45 and 0.485, I choose to stay on the sidelines.

Why? Short-term overbought conditions are real, but more importantly — trading volume is shrinking. Forcing a chase at this point carries risks that are not worth it. The technicals are strong, but once momentum exhausts, a correction will come quickly. Breakouts should be acted upon according to plan; don’t let emotions influence your trades.
CYS-1.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FOMOSapienvip
· 11h ago
Wait until the same amount of energy comes back, chasing highs now is just suicide.
View OriginalReply0
rekt_but_not_brokevip
· 01-12 19:55
The shrinking volume has hit the nail on the head; I've seen too many short-term overbought traps designed to lure more buyers.
View OriginalReply0
RebaseVictimvip
· 01-12 19:55
Wait until the same amount of energy comes back. Chasing high now is just giving money to the big players.
View OriginalReply0
NightAirdroppervip
· 01-12 19:55
The shrinking volume really hits home for me. Chasing highs is just giving away money, just hold at 0.45 and watch the show.
View OriginalReply0
LiquidationWatchervip
· 01-12 19:55
Shrinking volume and chasing highs—aren't you just asking for death? See you at 0.45.
View OriginalReply0
MonkeySeeMonkeyDovip
· 01-12 19:53
The point about declining volume is correct. At such times, you need to hold back and not be tempted by short-term overbought conditions.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt