FART is about to trigger a 4-hour overbought signal.
Let’s clarify this first:
Although it is the same overbought condition, different stages, different positions, and response strategies vary.
The current overbought condition is not for shorting, but for adjusting positions and reducing risks.
How to do this specifically?
Take profits not exceeding 10% of the position, lock in some profits; also, raise the stop-loss to below the EMA moving average to make the remaining position safer.