๐จ $CHR Bร INCREASES SPEED: RSI TOO OVERBOUGHT WITH A TURNING POINT? ๐
$CHR continues to maintain an uptrend on the 15m/1h timeframe. RSI at a high level of 73.7 indicates strong momentum but also the risk of being overbought. The long position is up 4.07% over the past 1h, while the Sell Taker ratio is dominant (0.905) and funding is slightly positive at 0.01%. The short-term resistance zone is around 0.02648 and support is at 0.01725; if the price breaks below this support, it will invalidate the short-term bullish scenario. Derivatives trading always carries risks of high volatility, so investors need tight capital management.
๐ Market Watch: $MUBARAK $MARSCOIN
#BinanceFutures
$CHR continues to maintain an uptrend on the 15m/1h timeframe. RSI at a high level of 73.7 indicates strong momentum but also the risk of being overbought. The long position is up 4.07% over the past 1h, while the Sell Taker ratio is dominant (0.905) and funding is slightly positive at 0.01%. The short-term resistance zone is around 0.02648 and support is at 0.01725; if the price breaks below this support, it will invalidate the short-term bullish scenario. Derivatives trading always carries risks of high volatility, so investors need tight capital management.
๐ Market Watch: $MUBARAK $MARSCOIN
#BinanceFutures
