After the TURBO surge, is a correction coming? Opportunity or trap!
Everyone, let's take a look at the chart first! The rise is simply soaring like a rocket, but it has slightly pulled back in the last two days, closing at 0.0059, with an increase of nearly 2% and a fluctuation of over 3%!
What risks are hidden behind this: the RSI indicator has soared to 90.10, firmly in the overbought zone. Has the correction alarm already sounded?
Looking at the KDJ, the J value has broken 100, and the K value is high at 86. Is the short-term overheating?
However, the Bollinger Bands show that the price has touched the upper band pressure. If it can break through strongly, the uptrend could continue!
But right now, although the MACD and moving averages are still bullish, caution is still needed! There is a significant risk of a short-term correction, and it is recommended to observe and patiently wait for the price to stabilize at the MA30 support or break through the upper band before decisively following in!
Blindly going solo will never bring opportunities. Follow me, and I'll take you to explore tenfold potential coins and top-tier resources!
