I just switched the timeframe to $USELESS …
And I stalled a bit. 👀
On 8H — 14 green candles in a row.
And the RSI is showing 99.5.
After a move like that, the market doesn’t just look strong anymore.
It looks overheated to the limit.
And I’m not saying: “short immediately.”
Not at all.
A strong asset can stay overheated longer than it seems.
But now I’m absolutely dying to see the next 8H candle.
Because after such a vertical move, the question isn’t whether $USELESS can keep going up.
The question is: how much longer can the market keep going without a proper pullback? 💀
#USELESS #Crypto
And I stalled a bit. 👀
On 8H — 14 green candles in a row.
And the RSI is showing 99.5.
After a move like that, the market doesn’t just look strong anymore.
It looks overheated to the limit.
And I’m not saying: “short immediately.”
Not at all.
A strong asset can stay overheated longer than it seems.
But now I’m absolutely dying to see the next 8H candle.
Because after such a vertical move, the question isn’t whether $USELESS can keep going up.
The question is: how much longer can the market keep going without a proper pullback? 💀
#USELESS #Crypto
