DMCUSDT
### **Critical Market Context (High-Risk Conditions)**
1. **Extreme Overbought Signal**:
- RSI(6) = **93.9** (Severely overbought; >70 indicates overbought).
2.**Parabolic Rally**
*+96.11% intraday surge** – High probability of sharp correction.
3.*Funding Rate** *0.0050%/h** (Annualized **438%**). *Implication*: Holding LONG positions incurs massive hourly fees.
4.*uLeverage Risk**: Up to **50x** offered –Amplifies liquidation risk.
Trade Strategy**
##Avoid LONG Entries (High Risk of Correction)** *Current Price**: $0.006304 *Resistance**: $0.006600 (24h High) – Strong sell zone. *RSI Divergence**: Price near highs while RSI may reverse → Bearish signal.
##Short (SELL) Opportunity**
- **Entry Zone**: **$0.006290–$0.006304**
- Confirm with:
- Rejection wicks at $0.006600.
- Declining RSI below 90.
- **Stop-Loss**: **$0.006650** (Above 24h high; absorbs volatility).
- **Take-Profit Targets**:
1. **$0.005978** (Near-term support)
2. **$0.005173** (61.8% Fibonacci retracement)
3. **$0.004367** (Full correction target).
##*Aggressive Scalp Setup**
- **Entry**: Short on break below **$0.006286** (Order book support).
- **Exit**: Quick 2-3% profit at **$0.006150–$0.006000**.
### **Key Risk Management Rules**
1. **Leverage**: ≤10x (Avoid 50x – liquidation price is ~$0.0060).
2. **Position Size**: ≤2% of capital due to extreme volatility.
3. **Funding Rate Monitor**: Close positions before hourly funding if possible.
4. **News Catalyst**: Watch for "TOWNS Trading Challenge" updates.
##*No-Trade Conditions**
- If RSI stays >90 or price holds above $0.006300 → **Stay out**.
- If funding rate exceeds **0.01%/h** → Avoid all trades. ###Why This Works**
*Overextension**+96% pumps rarely sustain without correction. *Order Book Clues**: Thick ask walls ($0.006300–$0.006304) limit upside.
**Technical Confluence**: RSI divergence + parabolic move → Reversal likely. > **Final Warning**: Trade only with strict risk controls. If unsure, **wait for RSI <70** or price stabilization.