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$$FIGHT 0.0041 current price, 24h rise from 0.0033 by 24% — someone pre-placed bets on this bullish candle.
Look at the Greed Index: currently at 68, already in the greed zone. The extreme value in the past 30 days is 82 (be cautious at high levels), and historical comparison shows: when the index rebounds from extreme fear (<20) and breaks through 65, it often indicates a short-term peak.
Funding rate moves in sync: perpetual contract rate surges to 0.06%, imbalance between longs and shorts, similar to what happened before $PEPE's rally.
Trading suggestion: Aggressive traders can enter a small position at the current price (0.0041), with a stop loss at 0.0035 (below the 24h low), and take profit at 0.0048 first.
If the 4-hour close can hold above 0.0043, add to 5%.
Note: Greed at 68 is not the most pessimistic moment; short-term traders should move quickly and avoid holding a big position.
I am that emotional indicator-focused market psychology expert, and identifying turning points is my bread and butter.
Emotional turning point = best entry point.