$OP This push up is really a bit overheated in the short term.
The current price is around 0.13. The daily RSI has already surged into the overbought zone above 80. Over the past five days, it’s risen more than 30%, but today’s trading volume is still less than 70% of the 7-day average.
For it to continue higher, it needs additional incremental capital to step in as buyers; otherwise, it’s easy for the price to just chop around at high levels, or even pull back.
#OP
The current price is around 0.13. The daily RSI has already surged into the overbought zone above 80. Over the past five days, it’s risen more than 30%, but today’s trading volume is still less than 70% of the 7-day average.
For it to continue higher, it needs additional incremental capital to step in as buyers; otherwise, it’s easy for the price to just chop around at high levels, or even pull back.
#OP
