$BRETT is currently in an extremely overbought state. I checked the performance across different timeframes.

The 15-minute RSI has already surged to 70, the 1-hour chart even reached 80, and the 4-hour chart is more outrageous—RSI soared to 89. But what's most heartbreaking here? Trading volume has shrunk by 98%. This typical divergence indicates that although the price is rising sharply, the buying momentum is significantly weakening, and the structure itself is very fragile.

From a technical perspective, 0.0200 is a psychological barrier, and it is also the current price level. Above, there are resistance levels at 0.0208 and 0.0215. Support below is around 0.0192, and further down is 0.0180.

Honestly, I am more inclined to wait and see at this point. Overbought conditions combined with decreasing volume is a risky combination for chasing the high. If the price breaks below 0.0192, I might consider a small short position, targeting 0.0180, with a stop-loss set at 0.0198. Conversely, if volume follows through and breaks above 0.0208, don’t rush to buy; it’s better to wait for a pullback to around 0.0200 without breaking below, then lightly go long with a target of 0.0215 and a stop-loss at 0.0195.

The most important thing is: prioritize defense. Better to miss an opportunity than get caught in a trap. Once a breakdown occurs, cut losses decisively. Don’t get emotionally stuck. Of course, unexpected news can come at any time, and no matter how perfect the technical setup looks, nothing is certain.