WIF has been rallying since rebounding from the end of December. It is now facing a resistance level test. The chart structure indeed looks quite healthy, but there is a detail worth noting — the RSI is approaching 70.



What does this often imply? The probability of a short-term correction is increasing. Many people tend to chase the high at this time, but the results are often not ideal. Instead of doing that, it's better to be patient and wait. The real opportunity might be at the $0.36 level. If it can retrace to this point, it could serve as a more solid entry point.

The market is always changing, and that is the only constant. Smart traders never fight the trend; they go with the rhythm.
WIF-1.39%
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gas_fee_therapist
· 01-17 09:00
Wait, RSI is almost at 70, and people still dare to chase? These guys really want to pay tuition fees, haha.

I'm also watching the 0.36 level, but I just have to endure it. It's tough.
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NFTRegretful
· 01-16 14:07
RSI is almost at 70, still chasing the high? If it drops this time, I might get caught holding the bag. I'll wait for 0.36 instead.
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NftRegretMachine
· 01-15 13:51
It's time to chase the high again. Can you resist acting this time? Haha

RSI is already so high and still pushing upward. I just want to see who will be the last to take the bait.

0.36 is the real position worth entering. If you go in now, you're just making things difficult for yourself.
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RadioShackKnight
· 01-15 13:51
RSI is approaching 70, and you're still chasing? Are you asking for trouble? Waiting for a pullback to 0.36 is the real man's choice.
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MainnetDelayedAgain
· 01-15 13:36
The RSI approaching 70 has been something I've been tracking since last year. Every time I say it needs adjustment, but what happened? According to the database, the prophecy of "upcoming pullback" has been postponed and waiting for the 47th time...
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SmartContractPlumber
· 01-15 13:33
The fact that RSI is approaching 70 essentially means that the permission control in the contract code is not implemented rigorously—superficially impressive, but riddled with underlying vulnerabilities. People chasing the high are like project teams that deploy without security audits; they will inevitably pay the price sooner or later.
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DisillusiionOracle
· 01-15 13:29
RSI is almost at 70, are you still chasing? Really, every time it's like this, the losses are the worst.

Wait for a pullback to 0.36. Right now, rushing higher is just digging your own grave.

Smart people are waiting for a correction. How about you?

This wave is indeed healthy, but the details are full of traps.

Friends chasing the high, stay calm, and look back at your account to see.
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