FHE this wave of market activity is indeed quite hot, with a 32.48% increase over the past 24 hours, rising from a low of $0.09163 to a peak of $0.14864, and trading volume has also picked up. However, the risk signals here are quite obvious—RSI has entered overbought territory, which usually indicates a potential short-term pullback.

Currently, the spot price is $0.14299, and the futures market is generally following suit. Funding rates remain positive, indicating that bullish sentiment still dominates. But chasing the high in this situation carries significant risk. If you only have USDT and a small asset scale, my advice is: don’t rush all in.

A more prudent approach is to wait for a price correction. The support level is around $0.08524. If it really drops to that point, the probability of a rebound will be higher. You can try a small position at this level, but be mentally prepared—you might need to wait a bit longer. The resistance level is at $0.15491; only a breakout above that would indicate the market is truly turning bullish.

The key is not to get attracted by the rapid gains and chase the high—this is a common mistake among those who lose money. Setting stop-losses and controlling your position size are the secrets to long-term survival.