Looking at the 15-minute, 1-hour, and 4-hour charts of NAORISUSDT, the RSI across all three timeframes has soared into the extreme overbought zone of 89-92. At first glance, it’s indeed alarming, but a closer look shows that the 1-hour MACD histogram is still expanding, which makes things a bit complicated. However, on the flip side, the trading volume has already shrunk to only 4%, which is a very dangerous signal—typical of increased market internal divergence after a sharp rally.
Currently, the price is hovering around the psychological level of 0.06. I’ve summarized some key levels: resistance above at 0.062 and 0.065, support below at 0.058 and 0.055.
The trading strategy isn’t very complicated. If the price breaks above 0.062, consider a small long position, targeting 0.065, with a stop-loss set at 0.06. Conversely, if the price falls below 0.058, switch to a short position, aiming for 0.055, with the same stop-loss at 0.06.
But honestly, at this moment, I prefer to stay on the sidelines. The price is near a critical level, RSI is in the extreme overbought zone, and volume is drying up—chasing the high is too risky. Instead of gambling, it’s better to wait for a clearer signal—either a confirmed breakout above 0.062 on the right side or waiting for a drop below 0.058 to short. Both scenarios offer entry points, but strict stop-loss management is essential.
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alpha_leaker
· 12h ago
The shrinkage to 4%, this guy is not wrong, chasing highs is just asking for death
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GasBandit
· 12h ago
Still daring to chase with such a shrinkage? I don't believe it. Let's wait until it breaks below.
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SocialFiQueen
· 12h ago
Only 4% trading volume? That's outrageous, it feels like a dump could happen at any moment.
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BTCRetirementFund
· 12h ago
Trading volume has shrunk to 4%, which is indeed a dangerous signal, but I still think it's safer to wait a bit longer before taking action. The RSI has soared to 92, and you still want to chase? Isn't that just taking over the position, haha.
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AirdropFreedom
· 13h ago
The trading volume is only 4%, which is outrageous. It's definitely just hype. I'm also observing.
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LiquidationWatcher
· 13h ago
Daring to chase with only 4% volume? I'm waiting for a breakdown. Right now, it's just a playground for master manipulators.
Looking at the 15-minute, 1-hour, and 4-hour charts of NAORISUSDT, the RSI across all three timeframes has soared into the extreme overbought zone of 89-92. At first glance, it’s indeed alarming, but a closer look shows that the 1-hour MACD histogram is still expanding, which makes things a bit complicated. However, on the flip side, the trading volume has already shrunk to only 4%, which is a very dangerous signal—typical of increased market internal divergence after a sharp rally.
Currently, the price is hovering around the psychological level of 0.06. I’ve summarized some key levels: resistance above at 0.062 and 0.065, support below at 0.058 and 0.055.
The trading strategy isn’t very complicated. If the price breaks above 0.062, consider a small long position, targeting 0.065, with a stop-loss set at 0.06. Conversely, if the price falls below 0.058, switch to a short position, aiming for 0.055, with the same stop-loss at 0.06.
But honestly, at this moment, I prefer to stay on the sidelines. The price is near a critical level, RSI is in the extreme overbought zone, and volume is drying up—chasing the high is too risky. Instead of gambling, it’s better to wait for a clearer signal—either a confirmed breakout above 0.062 on the right side or waiting for a drop below 0.058 to short. Both scenarios offer entry points, but strict stop-loss management is essential.