📉 $BOB Just Rallied Hard — Now’s Not the Time to Chase! 🚫
$BOB exploded with a +144% surge, showing massive green candles and extreme volume.
But here's the deal: RSI is at 98 — we're deep in overbought territory. 😬
🔍 Quick Breakdown:
RSI (16): 98.32 — 🚨 Danger Zone
Volume: Skyrocketed — 🧨 Smart money may be exiting
MACD: Sharp bullish divergence — 📈 Could signal a peak
Price Action: Vertical climb — 📛 Not sustainable long-term
📌 What This Means: Jumping in now could mean buying the top.
These types of moves often lead to sharp corrections, trapping late buyers in the hype.
👀 What’s the Smart Move?
Wait for RSI to drop below 70
Watch for sideways consolidation
Look for a retest of previous support levels
🚦 Patience > FOMO
Let it cool off before diving in. Hype fades, logic lasts.
💡 Long-term holder? Maybe okay.
Short-term trader? Not ideal for now.
✅ Always DYOR (Do Your Own Research) and protect your capital.
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