#VFYUSDT $VFY 🔥🔥🔥🔥🔥
The VFYUSDT Perpetual Futures contract is in a vertical, high-momentum rally, confirmed by price action above key moving averages and a positive MACD.
However, the rally is showing signs of exhaustion as indicated by the extremely overbought RSI of ~89.16. Traders looking to enter a long position should exercise extreme caution due to the high risk of an immediate technical correction. The market is flashing "climax move."
The underlying asset, VFY, is identified as zkVerify, a Layer-1 blockchain for zero-knowledge proof verification, which adds fundamental narrative to the market interest.