$4 is currently trading at $0.01076 (+26.14%). It's well above the 7-week moving average of $0.0093, but the 6-week Relative Strength Index (RSI) is at 83.00, indicating it's severely overbought.
Short $4
Entry Points: $0.0108 – $0.0115
Stop Loss: $0.0125
Target Prices: $0.0095 – $0.0088 – $0.0082
Trend: Vertical Upward. The rally above $0.01 is strong, but the RSI of 83 suggests a risk of a "top collapse." RSI: 83.00; Overbought. A rapid pullback to the 7-week moving average of $0.0093 is expected to reset momentum.
Volume: Huge volume ($141 million) indicates high volatility; be aware of potential sharp rebounds. Support: Direct support is around $0.0093.
Trade $4 futures 👇
{future}(4USDT)
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