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$USELESS trading thought of something interesting — transitioning from singer to trader is actually the same. Style can't be static, and the market operates this way too.
Let's look at the current situation: the hourly RSI is still hovering around 62.8, but the 4-hour chart has already surged to 82.2, a clear overbought signal. The 1-hour MACD is also starting to show signs of bearish divergence. This is the most common trap point — blindly chasing the rally is suicidal, but shorting against the trend violates the logic of a strong trend.
**The current judgment is to wait and see**. The price is stuck around $0.10, and the 4-hour RSI at 82.2 indicates the bulls have overextended. The trading volume has shrunk to 90.2%, which is a direct sign of energy depletion, and there isn't much room for further upward movement.
If you really want to act, set a very low position to test the waters: if the price falls below $0.095 and the 1-hour candlestick confirms a close, you can lightly short. Set the stop-loss at $0.105 (the previous high as a defense), with two targets at $0.088 and $0.082. But honestly, the smartest move now is to wait — wait for that "switch signal" to appear, either wait for a pullback followed by a clear confirmation of new upward momentum, or simply switch to a more promising asset.