🚀#NILUSDT Demon Coin Pulse, beware of overbought pullbacks!
Daily surge over 34%, but risks are at maximum!
🔥 Market Overview
- Current price: 0.0607 USDT, daily increase over 34%, typical funding-driven pulse market
- Trend: Short-term strong breakthrough of all moving averages, SUPERTREND turning bullish, bullish sentiment frenzied
- Signal: 4-hour RSI reaches 80.08, severely overbought, a pullback may trigger at any time
⚠️ Core Risks
1. Overbought warning: RSI > 80, in the "fool's paradise" stage, may plunge significantly at any time
2. No fundamental support: Purely driven by funds, lacking real value, a withdrawal of funds could lead to a crash
3. Liquidity trap: Insufficient depth in buy and sell orders, prone to 'whipsaw', difficulty in closing positions
💡 Operating Suggestions
- Holders: Take profits in batches, first lock in 50% profit; move stop loss up to 0.0565 to secure gains
- Observers: Absolutely do not chase high! Wait for a pullback to 0.05-0.052 and RSI to drop below 60, then try small positions to go long
- Short sellers: Wait for a drop below 0.0565 and a clear bearish pattern to set up small positions, stop loss at 0.0665
🚨 Risk Warning
Demon Coin market is highly volatile, leverage trading doubles the risk! Our country prohibits virtual currency trading, participation is not legally protected, do not blindly follow the trend, make rational decisions!
