【
$XMR Signal】Waiting for a pullback, 1H overbought needs digestion
$XMR 1H level RSI soared to 78, initial signs of buying pressure gap. The 4H Bollinger upper band has been pierced, but the latest one-hour trading volume suddenly dropped, indicating the decline of active buying power. MACD across two cycles shows bullish divergence, but the histogram expansion slope is slowing down. Market depth imbalance reaches 18.6%, with sell orders clearly thickening.
The risk of chasing high at this position greatly increases, and the risk-reward ratio is not favorable. Wait for a pullback, place bu