đ $BOB Just Rallied Hard â Nowâs Not the Time to Chase! đ«
$BOB exploded with a +144% surge, showing massive green candles and extreme volume.
But here's the deal: RSI is at 98 â we're deep in overbought territory. đŹ
đ Quick Breakdown:
RSI (16): 98.32 â đš Danger Zone
Volume: Skyrocketed â đ§š Smart money may be exiting
MACD: Sharp bullish divergence â đ Could signal a peak
Price Action: Vertical climb â đ Not sustainable long-term
đ 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.
đ Whatâs the Smart Move?
Wait for RSI to drop below 70
Watch for sideways consolidation
Look for a retest of previous support levels
đŠ Patience > FOMO
Let it cool off before diving in. Hype fades, logic lasts.
đĄ Long-term holder? Maybe okay.
Short-term trader? Not ideal for now.
â Always DYOR (Do Your Own Research) and protect your capital.
#BOB #CryptoTips #MarketAlert #RSI #CryptoStrategy #FOMOFree #SmartTrading