📉 $BOB Has Rallied Hard – Now’s Not the Time to Chase 🚫

BOB just saw a +144% explosive move with heavy green candles and extreme volume. RSI is hovering near 98, which clearly signals overbought territory. This kind of parabolic rally often leads to short-term exhaustion.

🔍 Let’s break it down:

RSI (16): 98.32 – 🚨 Overheated

Volume: Spiked massively – 🧨 Smart money likely taking profits

MACD: Rapid upward divergence – 📈 Bullish climax territory

Price action: Shot up vertically – 📛 Not sustainable

📌 What this means:

Entering now could expose you to a sharp pullback or correction. These sudden boosts often trigger distribution zones where late buyers get trapped.

👀 What to do instead?

Wait. Observe. Let it cool down. A healthier entry might show up after:

RSI resets below 70

Price consolidates with stable volume

A retest of support zones (previous resistance)

🚦Patience > FOMO.

Don’t enter during hype – enter with logic. Stay sharp.

Maybe good if you are going for a long term holding but not recommended for short term for now.

Always DYOR.

#BOB #BNBChain #CryptoAnalysis #TradingSignals #BinanceSquare