Let me explain why this Chinese coin could fall in the short term
$牛来
After the +43% pump, the probability of a correction is extremely high (65-80%) due to profit-taking.
The Long/Short ratio of 220% indicates that the market will seek liquidity by sweeping up late buyers.
Although the RSI (62) does not signal extreme overbought, a technical pullback of 10-20% is imminent.
$牛来
After the +43% pump, the probability of a correction is extremely high (65-80%) due to profit-taking.
The Long/Short ratio of 220% indicates that the market will seek liquidity by sweeping up late buyers.
Although the RSI (62) does not signal extreme overbought, a technical pullback of 10-20% is imminent.