🚀 $XEC jumped nearly 30% in the last 24 hours, fueled by growing optimism around the upcoming August hard fork and a high-volume technical breakout.



While momentum remains strong, an RSI near 85 suggests the rally may be overheated, with profit-taking becoming a key risk.

Can $XEC sustain the breakout, or is a short-term pullback next? 📈
$XEC ‌#PreIPOsSeason2OpenAISubscription #GateDEXIntegratesWithRobinhoodChain #TSMCQ2NetProfitSurges77%
XEC-0.61%
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RiskManager_BTC
· 07-17 15:04
It’s been rising a bit aggressively—watch out for a pullback.
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QuietQuants
· 07-17 14:57
RSI is already above 85; there’s too much short-term profit-taking. It’s recommended to wait and observe for now, and enter again after a pullback—it’s more stable.
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OrderBookArtist
· 07-17 14:49
This rally is definitely very strong—there are hard fork expectations plus a technical breakout, but the RSI overbought signal is very clear. In the short term, profit-taking may happen, but if it can hold the previous high before the breakout, there’s quite a bit of upside afterward.
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