⚠️ An extraordinary parabolic upward move of +14.76% during the session, with continued near-vertical breakout from the bottom at 0.07831 without any meaningful pullback. The RSI(6) at 93.12 indicates an extremely and unusually overbought condition (approaching the absolute RSI peak). This type of parabolic movement often ends with a sharp, sudden correction once buying momentum is exhausted. The risk-to-reward ratio at this stage is very poor—extreme caution is advised: either reduce the position size drastically or wait until the RSI calms down and a healthy correction occurs before entering with a meaningful size. Stop-loss below the most recent local low at 0.09726.
$DOGE