2026-01-01 14:23:48

Recently, CC has indeed been performing remarkably well. It soared from a bottom of 0.056 to 0.174, more than tripling in just two or three months, with a gain of over 200%. But the question is—can this trend continue?

From a technical indicator perspective, the situation is a bit tight. The RSI indicator has already surged to 77, entering the overbought zone. Generally speaking, once RSI exceeds 70, it indicates that the market's upward momentum is starting to weaken, and the probability of a reversal increases significantly.

Looking at the price level, the 0.1724 mark above has become a resistance level that has been tested multiple times without effective breakthrough. Each time it approaches this level, it gets pushed back, indicating strong selling pressure at this price point. Historically, such repeatedly tested resistance levels often evolve into turning points.

The current issue is that the upward momentum has been overextended. It is unlikely to continue rising in the short term and instead faces a greater need for technical correction. For traders, the risk-reward ratio at this position has already become less favorable.

CC-2.33%

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VitalikFanAccount

· 10h ago

Still want to triple your gains and keep going? The RSI is almost overbought, now buying in is just inviting trouble.

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FlashLoanPhantom

· 10h ago

Uh, RSI is already at 77, and you're still chasing. This is probably the self-discipline of a bagholder.

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MetaMisery

· 10h ago

Yeah, the RSI77 level does feel a bit虚啊, the sense of topping is getting stronger and stronger. --- 0.1724 if it can't break through, there's really no hope, it hurts quite a bit when the rebound crashes down. --- Three times in two or three months, this kind of行情啧啧, it's time to cool down, brother. --- Repeated testing of the resistance level without breaking it, isn't that a signal? Who's still here to接盘呢. --- Once RSI breaks 70, I start to look bearish, this time even more过分, heading straight for 77. --- Basically, it's just that the rise was too fast, the risk-reward ratio is not right, that's what I hear the most, and then I get caught. --- I agree with the说法 that momentum is overextended, but when BTC pulls up, CC still flies. --- Everyone thought of bottom-fishing, but who dares to接啊 at this position now? --- If the resistance level can't be突破, it starts to probe downward, that's the规律. --- I trust technical indicators, but I trust FOMO心理 even more, this coin isn't over yet.

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GasFeeTherapist

· 10h ago

Buddy, you really should reduce your position now. RSI is already at 77, and you're still going all-in? --- A threefold increase sounds great, but if you can't break through the resistance level, it's game over. --- You can't break down the 0.1724 wall, and afterward it's just a free fall. Trust me. --- Overbought conditions are so obvious, yet you're still buying in? What's the point? --- Bro, I think it's time to take profits. Don't regret it when the correction comes. --- Every time we test the resistance level, we're pushed back. Isn't that shaking people out? --- Tripling in two or three months is just crazy. Someone's probably ready to sell. --- The risk-reward ratio is exploding; what's the point of playing? Cut your losses, everyone. --- When RSI exceeds 70, you should get ready. It's at 77 now—why aren't you running? --- The bears are about to start gaining momentum at this level. I bet five bucks we'll see the bottom next week.

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