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STABLE/USDT futures currently exhibit a classic overbought dilemma. The RSI on the 15-minute, 1-hour, and 4-hour timeframes are all in the overbought zone, which is usually a warning sign of a reversal. Interestingly, the 1-hour MACD histogram is still expanding, suggesting a potential further rise—this divergence often indicates possible upcoming discrepancies.
The most alarming data here: trading volume has shrunk by 98.4%. What does this mean? It indicates that the price increase is entirely driven by a small amount of capital, lacking genuine market recognition. This is a serious warning.
【Key Price Levels】
The current price is anchored at the psychological level of 0.0200. Looking upward, 0.0205 is the first resistance, followed by 0.0215. Downward, 0.0195 is an important support, and if it falls further, 0.0180 will be the next target.
【How to Operate】
Honestly, the most rational choice right now is to wait and see. Don’t ask me why not chase the rally, because RSI is almost overbought, and volume has dried up. Chasing the rally only means taking others’ orders.
If it really breaks through 0.0205 later, my advice is not to rush into the market; wait for a pullback before considering entering. Conversely, if it drops below 0.0195, you can consider a small short position, targeting 0.0180, but be sure to set a stop-loss—let’s put it at 0.0208.
My personal decision is to continue waiting, allowing the market to cool down this overbought condition first, and then adjust my strategy based on the subsequent actual movement.