🚨 $VTHO PUMPED +53%! OVERHEATED OR NEXT LEG UP? 📉
​$VTHO (VeThor Token) shot up vertically to a 24h high of 0.0007200, but the price is facing resistance as high-level profit-taking begins around 0.0006834.
​⚠️ Technical Analysis & Risk Factors:
​Extreme Overbought RSI: The 4H RSI(6) is at an extreme 95.65 and 1H RSI is at 87.64—historically signaling an imminent pullback or sideways cooling phase.
​Heavy Rejection Wick: Price left a sharp upper wick at 0.0007200, indicating heavy selling pressure at the top.
​Extended from Moving Averages: Price is stretched far above the 1H MA7 (0.0005605), making chasing Longs here extremely high-risk.
​🎯 Short Setup Scenario (Trade Plan):
​Entry Zone: 0.0006900 – 0.0007150 (On minor rejection bounce)
​Target 1 (TP1): 0.0006050 (Psychological Support)
​Target 2 (TP2): 0.0005600 (1H MA7 / Dynamic Support Area)
​Stop Loss (SL): 0.0007350 (Above 24h High)

​What’s your plan for $VTHO?