A signal. $GPS weekly RSI 81.3 is overbought.
$GPS weekly RSI 81.3. Extremely overbought. Current price 0.0120. Down 0.78% in 24h.
Support 0.0111 0.0116. Resistance 0.0123 0.0129.
Fee rate +0.005%. The bulls are still holding on. This coin surged from 0.0105 to 0.0189 in the past two weeks—nearly doubling—then dropped back to 0.0120. A typical spike-and-retrace. The bulls are trying to bottom-pick, but the funding rate is only +0.005%, and long momentum has already cooled off.
Current price 0.0120. Bias bearish. Short 0.0122–0.0125, stop-loss 0.0129, targets 0.0105–0.0110. Risk-reward ratio 1:2 to 1:3.4.
Weekly RSI 81.3: overbought on a larger timeframe. The 4-hour “oversold” drop is just an illusion. With a move that has been halved from the doubling high, any rebound is a selling point. I’m not catching the falling knife.
I’m watching. No rush.
#GPS #山寨币 #Overbought signal
$GPS weekly RSI 81.3. Extremely overbought. Current price 0.0120. Down 0.78% in 24h.
Support 0.0111 0.0116. Resistance 0.0123 0.0129.
Fee rate +0.005%. The bulls are still holding on. This coin surged from 0.0105 to 0.0189 in the past two weeks—nearly doubling—then dropped back to 0.0120. A typical spike-and-retrace. The bulls are trying to bottom-pick, but the funding rate is only +0.005%, and long momentum has already cooled off.
Current price 0.0120. Bias bearish. Short 0.0122–0.0125, stop-loss 0.0129, targets 0.0105–0.0110. Risk-reward ratio 1:2 to 1:3.4.
Weekly RSI 81.3: overbought on a larger timeframe. The 4-hour “oversold” drop is just an illusion. With a move that has been halved from the doubling high, any rebound is a selling point. I’m not catching the falling knife.
I’m watching. No rush.
#GPS #山寨币 #Overbought signal