FHE this wave of market activity is quite interesting. The 4-hour RSI surged to 94, and the 1-hour RSI is not much better at 88, while the 15-minute RSI is already showing clear weakness. It looks like a classic multi-timeframe divergence — although the high levels are stimulating, the trading volume has shrunk to only 92.5%, which is very suspicious. The upward momentum is indeed waning.

Currently, the price is near the psychological level of 0.09, with resistance at 0.095 and 0.10, and support at 0.085 and 0.08.

My approach is this: if the price effectively breaks through 0.095, consider going long with a target of 0.10 and a stop-loss at 0.092. Conversely, if it falls below 0.085, switch to short positions, targeting 0.08 with a stop-loss at 0.088. But at the current level, I choose to **wait and see** — neither chasing the high nor rushing to build a position.

In this extreme overbought context, the risk of chasing the rally is really high. Instead of risking getting cut by a sudden drop, it’s better to wait for a clearer signal. Either a break above 0.095 or a fall below 0.085, and then act — that way, the success rate will be more solid.