AERGO surged nearly 19% in the past 24 hours, but hidden risks lurk behind this rally—trading volume has shrunk by over 93%, a classic divergence signal between price and volume. From a technical perspective, the RSI on the 1-hour and 4-hour charts both exceed 67, entering overbought territory, with the 15-minute RSI even reaching 78, indicating short-term correction pressure is evident. The MACD histogram has turned downward, showing signs of waning upward momentum.



Honestly, at this position, it's hard to feel confident about chasing the rally. What's the worst-case scenario? If the price fails to hold the 0.07 support level and breaks below the key 0.068 support, it might be necessary to quickly cut most of the gains. Even if the price continues to rise afterward, the area between 0.075 and 0.078 remains a tough nut to crack, with obvious resistance.

Based on this assessment, I choose to stay on the sidelines for now. Instead of blindly following the trend, it's better to wait for a more favorable entry point. I will definitely not chase high at this level—position management is always the top priority. My plan is clear: either wait for the price to retrace to around 0.065 and stabilize, using this as a buy signal, with a stop loss at 0.063, and targets at 0.071 and 0.075; or wait for it to face resistance near 0.075 and short, with a stop loss at 0.078, and targets at 0.068 and 0.065.

Better to miss an opportunity than to make a wrong move. Patience is the most valuable asset in this market.
AERGO4,19%
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BlockchainTherapistvip
· 5h ago
When price and volume diverge so much, even a strong increase is pointless Buying high is suicide; wait for a pullback RSI is already at 78, is this not the top or what Stay cautious, don't get fooled If 0.07 can't hold, just dump it directly
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SudoRm-RfWallet/vip
· 5h ago
The divergence between price and volume is so obvious; chasing the high is just asking for trouble. This wave of increase is completely fake, with trading volume shrinking by 93%. It's a typical false breakout signal, so we need to wait. If 0.07 doesn't hold, it's over. I'm also going to lie low and observe for now.
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WhaleMistakervip
· 5h ago
Price and volume divergence is so obvious, chasing highs is just sending money away --- 0.07 can't hold, I really have to run, this price level is too虚 --- RSI is already overbought, and still dare to chase, this brother's courage is really big --- Wait for 0.065 to stabilize before talking, now don't even touch it --- 19% increase with 93% shrinking volume, it's obvious there's a trick --- I'm also a wait-and-see type, better than losing money by chasing highs --- MACD has already turned, the rebound should be over --- Instead of betting on a rebound, wait for the next opportunity, staying alive is the hard truth --- That area around 0.078 is really a铁板, very difficult to突破 --- Volume doesn't match the涨幅, even if it rises again, it's just an空中楼阁
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ContractTestervip
· 5h ago
The divergence between price and volume is so obvious; chasing highs is just asking for trouble. Wait, with trading volume shrinking by 93%, you still dare to push? Are you accumulating or about to dump? RSI has already exceeded 67; this rhythm... it's really uncomfortable. It's better to wait for 0.065 to be more reliable. A 19% increase sounds great, but with such poor trading volume, it feels fake. I hate the divergence between volume and price the most. Better to stay on the sidelines; if you miss out, you miss out. I really don't dare to take this wave; the double top feeling is too strong.
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