GUA has been quite interesting these days. The 1-hour RSI has already surged to 79.7, clearly in the overbought zone, but if you look at the 4-hour chart, the RSI is only at 69.5, with a gain of just 7.5%, and the upward trend is still continuing. This is a typical situation of short-term overheating but no reversal in the medium term.
However, there is a key issue to pay attention to—trading volume has shrunk dramatically by 87%, down to only 6.42 million. This indicates that although the price is rising, the buying momentum behind it is actually weakening, which is a hidden risk. The 15-minute RSI is still relatively rational (62), suggesting there is some buffer space on smaller timeframes, but overall, the risk of chasing the high is increasing.
The key levels are distributed as follows: currently stuck at the 0.13 integer level, with resistance above at 0.135 to 0.14, and support below at 0.126 to 0.122. My approach is, since the volume is insufficient, rather than chasing the high or blindly bottom-fishing, it’s better to wait for clearer signals. A breakout above 0.135 could be considered for a long position, with entry at 0.1355, stop-loss at 0.131, and target at 0.14. Conversely, if it falls below 0.126, then switch to a short position, with entry at 0.1255, stop-loss at 0.1285, and target at 0.122. But within the range of 0.126 to 0.135, I choose to observe and not participate. After all, it’s better to miss out than to be shaken out; confirm the direction before taking action.
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InvincibleCuteLittleB
· 9h ago
Another possibility for the shrinking trading volume: realized control of the market
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GateUser-5febd40b
· 11h ago
Pakistan Reaches Stablecoin Payment Agreement with Cryptocurrency Company Linked to Trump
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BakedCatFanboy
· 11h ago
The signal of shrinking volume cannot be ignored, and the risk of a shakeout is indeed high.
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Short-term overbought but still stable in the medium term, this rhythm indeed requires patience.
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Better to miss out than get trapped; I agree with this approach.
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87% of trading volume has shrunk... Is this accumulation or distribution?
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The range from 0.126 to 0.135 is a trap; I am also observing.
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The RSI difference is so large, indicating that the direction has not been decided yet.
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Once it breaks 0.135, I will follow; waiting for this signal.
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Declining volume while chasing highs is like giving away money; this brother's analysis is quite accurate.
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I'm puzzled why such an important threshold is so easily broken.
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Waiting and watching is the right move; anyway, there are so many opportunities in the crypto space, not just this one.
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Price surges but buying volume declines, a typical sign of a top approaching.
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Set stop-loss at 0.131; this person has good risk control awareness.
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just_here_for_vibes
· 12h ago
With such low volume, chasing the high is indeed risky. I'm also waiting for a confirmation signal. It feels like a sign before a shakeout.
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SmartContractPhobia
· 12h ago
The sell-off is so intense, a bit cowardly... Let's wait for the breakdown confirmation before taking action.
GUA has been quite interesting these days. The 1-hour RSI has already surged to 79.7, clearly in the overbought zone, but if you look at the 4-hour chart, the RSI is only at 69.5, with a gain of just 7.5%, and the upward trend is still continuing. This is a typical situation of short-term overheating but no reversal in the medium term.
However, there is a key issue to pay attention to—trading volume has shrunk dramatically by 87%, down to only 6.42 million. This indicates that although the price is rising, the buying momentum behind it is actually weakening, which is a hidden risk. The 15-minute RSI is still relatively rational (62), suggesting there is some buffer space on smaller timeframes, but overall, the risk of chasing the high is increasing.
The key levels are distributed as follows: currently stuck at the 0.13 integer level, with resistance above at 0.135 to 0.14, and support below at 0.126 to 0.122. My approach is, since the volume is insufficient, rather than chasing the high or blindly bottom-fishing, it’s better to wait for clearer signals. A breakout above 0.135 could be considered for a long position, with entry at 0.1355, stop-loss at 0.131, and target at 0.14. Conversely, if it falls below 0.126, then switch to a short position, with entry at 0.1255, stop-loss at 0.1285, and target at 0.122. But within the range of 0.126 to 0.135, I choose to observe and not participate. After all, it’s better to miss out than to be shaken out; confirm the direction before taking action.