🔥 FF pumped 24.6% and the volume chart looks like a skyscraper — 2x normal. But RSI at 87 should make you nervous.
Here's my honest take on this one:
🔍 The Picture:
• Price at $0.1509, riding above SMA7 ($0.1369) and SMA25 ($0.1233)
• RSI 4H: 87, Daily: 84.8 — BOTH deeply overbought
• Volume: 2.02x average with surging pattern — real buying pressure
• MACD positive and expanding on both timeframes
• Price is 2x above SMA99 daily ($0.0747) — massive deviation from mean
🎯 Why This Trade:
Despite the scary RSI readings, FF shows genuine momentum with volume confirmation. The daily structure is parabolic — price above all MAs with expanding MACD. But at RSI 87, I'm only taking this trade with tight risk management and a clear exit plan. This is a momentum scalp, not a swing trade.
📊 Trade Plan (LONG — momentum only):
• Entry: $0.1481 - $0.1537 (only on dips, never market buy at highs)
• Stop Loss: $0.1397 (below recent consolidation low)
• TP1: $0.1569 | TP2: $0.1629 | TP3: $0.1690
• Confidence: 92% (but position size reduced due to overbought conditions)
⚡ The math: RSI > 85 historically leads to 5-15% pullbacks within 24-48h. Scale out aggressively at TP1 and TP2.
Would you touch a coin at RSI 87? Brave or crazy? 😅
#FF #CryptoMomentum #DYOR
⚠️ Not financial advice. Crypto is volatile — always manage risk and DYOR.
Here's my honest take on this one:
🔍 The Picture:
• Price at $0.1509, riding above SMA7 ($0.1369) and SMA25 ($0.1233)
• RSI 4H: 87, Daily: 84.8 — BOTH deeply overbought
• Volume: 2.02x average with surging pattern — real buying pressure
• MACD positive and expanding on both timeframes
• Price is 2x above SMA99 daily ($0.0747) — massive deviation from mean
🎯 Why This Trade:
Despite the scary RSI readings, FF shows genuine momentum with volume confirmation. The daily structure is parabolic — price above all MAs with expanding MACD. But at RSI 87, I'm only taking this trade with tight risk management and a clear exit plan. This is a momentum scalp, not a swing trade.
📊 Trade Plan (LONG — momentum only):
• Entry: $0.1481 - $0.1537 (only on dips, never market buy at highs)
• Stop Loss: $0.1397 (below recent consolidation low)
• TP1: $0.1569 | TP2: $0.1629 | TP3: $0.1690
• Confidence: 92% (but position size reduced due to overbought conditions)
⚡ The math: RSI > 85 historically leads to 5-15% pullbacks within 24-48h. Scale out aggressively at TP1 and TP2.
Would you touch a coin at RSI 87? Brave or crazy? 😅
#FF #CryptoMomentum #DYOR
⚠️ Not financial advice. Crypto is volatile — always manage risk and DYOR.