$PLAY The candlestick pin is too fierce, looking uncomfortable so I want to follow. Let's first look at the indicator situation: the 1-hour RSI has already reached 68, and the 4-hour is even more exaggerated at 75, clearly indicating an overbought condition. However, on the 15-minute chart, it retraced to an RSI of 48, which is quite interesting and just the right time to add to the long position.



The trading logic is simple: once the 15-minute volume stabilizes around 0.0595, it's a good entry point. Risk control is set at a break below 0.0575, with a risk ratio of about 3.3%. The target is divided into two steps—first target at 0.0625 to gain 5 points, and the second at 0.064 to gain 7.5 points.

The MACD histogram has shrunk, but the 1-hour upward trend is still intact. The key now is whether 0.06 can hold. If it falls below 0.0575, it indicates that the recent rebound was a false breakout, and I must exit immediately—don't think about the rebound.

I'll go in first with a tight stop-loss. Keep the position size small; this market is moving too fast, with no clear big trend, leaving little room for messing around.
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PerpetualLongervip
· 10h ago
Overheating is no big deal; a pullback is a divine opportunity. I've already ambushed at 0.0595. This wave must break 0.06; otherwise, it's the air force causing trouble. I'll add back to full position then.
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StealthMoonvip
· 23h ago
Yeah, this wave is indeed dangerous. The RSI is already overbought, and yet they still dare to chase. I'll just observe directly.
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SeeYouInFourYearsvip
· 01-13 05:59
RSI is already overbought, and you still dare to buy in, your guts are really big
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FloorSweepervip
· 01-13 05:56
Still daring to enter with an RSI of 75? Bro, you're asking for death.
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DataOnlookervip
· 01-13 05:47
0.0595 is indeed interesting, but RSI 75 is a bit scary.
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WhaleSurfervip
· 01-13 05:36
What? You still want to chase at RSI75? I'll just pass. This kind of overheated momentum is usually a trap for more buying, don't say I didn't warn you.
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