2026-01-18 09:28:12

Frax has surged 38% in the past 24 hours, with all technical indicators flashing red. The RSI has already reached an extreme level of 90.66, the price is tightly hugging various moving averages and breaking upward, and the MACD is continuously expanding with a golden cross. It looks very fierce, but this is the most dangerous time—the rapid rise often reverses suddenly into a waterfall decline.

The current price of 1.1220 carries a high risk of chasing the top. Instead of eagerly waiting to buy at the peak, it's better to wait for it to retrace to the MA5 support level before considering an entry. Sometimes, the greatest test of patience is not just holding until the bottom, but avoiding these seemingly perfect traps.

FRAX41,94%

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ForkThisDAO

· 8h ago

Once again, RSI soaring above 90, honestly it's a bit uncomfortable. Wait for the pullback; chasing this kind of market is just asking for trouble. A 38% increase looks great, but the trap is right in front of us. If you don't buy in, just watch how it crashes. It's better to stay on the sidelines this time; there's nothing to regret.

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ThatsNotARugPull

· 8h ago

Haha, it's another one of those red-light-filled setups. I've seen it too many times. RSI is already over 90, and you're still chasing. Aren't you asking for death? Just wait for the pullback. Anyway, I'm not in a hurry for these one or two days. The seemingly beautiful trap is the most deadly. Well said. Just waiting to pick up the bargains. The people at the top can play on their own. This wave feels like the same routine as last time. The real test is whether you can hold and not move.

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SchroedingersFrontrun

· 8h ago

Oh my god, RSI is already over 90, and you're still daring to chase? Aren't you asking for death? Wait for a pullback before talking. Jumping in now just makes you the bag holder. A 38% increase looks exciting, but it can turn into a 38% decrease in a flash, understand? Honestly, this price is a bit risky. I'll stay on the sidelines for now. No, wait, could this wave shoot straight to the sky... Never mind, better to be cautious. Anyway, I've already learned to take profits when it's good. Don't think about grabbing the bottom cheap. Looking at the technicals, the next move will either explode or collapse, there's nothing in between.

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ponzi_poet

· 9h ago

Haha, here comes the play to cut leeks again. With RSI over 90, do you still dare to chase? Truly reckless. --- A 38% increase was gone in just one night. I've seen too much of this. Staying calm now is the real winner. --- I won't touch the 1.12 level no matter what. Wait for a pullback. Why rush? --- It’s always like this. The more it rises sharply, the harder it falls. After losing a few times, you get it. --- MACD golden cross? Bullshit. Those who buy at the top end up crying. --- You're right. Avoiding one trap is better than buying the dip ten times. That's the truth. --- Oh my, another dump is coming. I'm used to this rhythm.

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OnchainDetective

· 9h ago

Hmm.. RSI is already over 90, are you still daring to chase? Isn't this just waiting for a waterfall? --- A 38% increase in one day, I believe the probability of this topping out is even higher. --- Well said, wait for a pullback before acting, what's the rush? --- It's always like this, those who chase high suffer losses, while those who dodge end up laughing last. --- Brothers who entered at 1.1220, pray hard... --- MACD with a bullish crossover looks promising, but combined with RSI over 90, it's a bit unsettling. --- This wave is so fierce, it feels like eating canned herring. --- This sentence about patience is spot on; not being greedy is the start of making money. --- Let's wait and see, I bet there will be a pullback within this week. --- Oh my, another good opportunity to buy in has been missed.

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failed_dev_successful_ape

· 9h ago

A typical FOMO trap, I've seen too many FOMO traders chasing highs and instantly turning into ashes.

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