🚨 COW/USDT 1H ALERT: RSI 98 = MASSIVE MOMENTUM, NOT A TOP YET 🚨
The bull is STAMPEDING. 🐂💨 Price just broke a key resistance at 0.1550 with volume 3x average. RSI at 98? That’s not a sell signal—that’s a *squeeze* signal. In strong trends, RSI stays overbought for hours.
**Why?** Price rejected from 1.00 psychological zone, lower highs forming. Volume confirms sellers in control. First target is -1.5%, second is -3%. Risk:Reward = 1:2.5. 💰
**Question:** Are you shorting XRP here or waiting for a bounce at 0.96? 👇
The bulls are back in control! 🐂 Price broke key resistance with strong momentum, and RSI at 74 shows power – but not yet overbought extremes. This is a breakout retest play.
The 1H chart just rejected off resistance with RSI at 48 – momentum is flipping bearish. Price is coiling below the 0.0340 zone, and sellers are stepping in.
The 1H chart just flashed a textbook breakdown setup. RSI at 20 = extreme oversold, but momentum is still bearish. Price is rejecting lower highs, and volume confirms sellers are in control. This isn’t a dip-buy—it’s a fade.
The fear trade is losing steam. RSI at 40 on the 1H shows momentum shifting lower, and price is rejecting resistance. When UVXY drops, markets breathe – this is a classic mean-reversion short.