TURBO/USDT has indeed shown cautious performance recently. Looking at the technical indicators, the RSI on the 15-minute to 4-hour charts has all broken above 80+, a typical overbought signal. But there's a problem— the 1-hour MACD histogram is still expanding, which is quite contradictory. Even more concerning is the trading volume, which has shrunk by -99.8%, indicating a poor sign.
The current price is at the psychological level of 0.00. Looking upward, the target range is between 0.00 and 0.00, but the lack of volume support makes a breakout difficult. Support levels downward are also quite vague, within the 0.00 to 0.00 range, with no clear reference points.
Honestly, this position is not suitable for entry. The combination of no volume and overbought conditions across the full cycle presents more risk than opportunity. Any breakout in either direction is not worth chasing; it's better to wait for a pullback confirmation. With no reliable technical levels at the current price, observing the market is the most rational choice.
I will continue to monitor SOL's trend and wait for clearer signals before making any moves. This is just my personal opinion and does not constitute investment advice.
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HodlVeteran
· 8h ago
Unlimited can be overbought. I've seen this combination too many times, and every time I try to bottom fish, it gets blown through... Better to stay cautious and watch patiently.
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RumbleValidator
· 23h ago
99.8% of the volume contraction combined with full-cycle overbought conditions, this combination is indeed a trap. It's right to stay on the sidelines.
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ContractHunter
· 23h ago
The overbought condition of the Uniswap combination is indeed awkward. Let's wait and see.
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BearWhisperGod
· 23h ago
The Uniswap overbought combination is truly a trap. Let's wait and see; jumping in now is just feeding the fish.
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ContractTester
· 23h ago
Unlimited can be really frustrating. In times like these, it tests your mindset the most, and you're easily cut off.
TURBO/USDT has indeed shown cautious performance recently. Looking at the technical indicators, the RSI on the 15-minute to 4-hour charts has all broken above 80+, a typical overbought signal. But there's a problem— the 1-hour MACD histogram is still expanding, which is quite contradictory. Even more concerning is the trading volume, which has shrunk by -99.8%, indicating a poor sign.
The current price is at the psychological level of 0.00. Looking upward, the target range is between 0.00 and 0.00, but the lack of volume support makes a breakout difficult. Support levels downward are also quite vague, within the 0.00 to 0.00 range, with no clear reference points.
Honestly, this position is not suitable for entry. The combination of no volume and overbought conditions across the full cycle presents more risk than opportunity. Any breakout in either direction is not worth chasing; it's better to wait for a pullback confirmation. With no reliable technical levels at the current price, observing the market is the most rational choice.
I will continue to monitor SOL's trend and wait for clearer signals before making any moves. This is just my personal opinion and does not constitute investment advice.