This wave of market movement is indeed fierce! It has risen 36% in 24 hours, and the price has temporarily broken through all moving averages. Looking at the chart, the MA5 to MA120 are arranged in a standard bullish alignment, indicating decent short-term support. But the problem is—RSI has already surged to 71.3, firmly in the overbought zone. The MACD also shows signs of a slight death cross at high levels, suggesting that the upward momentum is starting to weaken.



The current price is at 26.44, and chasing the high at this point carries significant risk. Instead of buying in at this level, it's better to stay patient, wait for one or two pullback lines, and find the key support level before entering. After all, there's no need to rush; the market won't run away.
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FudVaccinatorvip
· 5h ago
Alright, with RSI so high, dare to chase? I don’t play this game. --- Another death cross warning. I’ve seen this trick many times, and the results are usually not great. --- Thinking of buying at just over 26? Let’s wait and see. Anyway, I’m not in a hurry. --- An obvious overbought signal, and some people are still buying in. You guys are really brave. --- A standard bullish arrangement sounds impressive, but what does the RSI number say? Better to stay on the sidelines. --- This time I choose to trust the support level and not follow the herd to chase highs. --- The death cross shows signs of exhaustion. That’s reasonable. I’ll just watch this wave of pullback.
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AirdropHunter420vip
· 5h ago
Hmm, RSI is so high and it's still pushing up, it looks a bit risky.
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blockBoyvip
· 5h ago
Hey, RSI is already at 71, and you still want to chase? Aren't you asking for trouble?
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NFT_Therapyvip
· 5h ago
36% in a day and it surged so rapidly, I'm actually a bit scared... The RSI is so high and the death cross is back, feels like I might get wrecked.
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