The recent trend of the 1000000BOB/USDT futures is quite interesting. On the 15-minute chart, the RSI has already surged to 92, firmly in the overbought zone. However, on the 1-hour and 4-hour charts, although the trend remains strong, the volume has shrunk to only -98.2%, which is a bit of a warning sign.



From a technical perspective, the current price is at the psychological level of 0.0200. Resistance levels are at 0.0205 and 0.0215, while support levels are at 0.0192 and 0.0180. How should we operate from this position?

If the price breaks above 0.0205, consider opening a small long position, targeting 0.0215, with a stop loss at 0.0199. If it falls below 0.0192, switch to a short position, aiming for 0.0180, with a stop loss at 0.0198. As for the current price vicinity, my suggestion is to stay on the sidelines and wait for clearer signals before taking action.

Honestly, with volume so shrinking, I prefer to stay put. Better to miss a wave of the market than to get caught in this muddy water. Wait for an effective breakout above 0.0205 or below 0.0192 before entering, as that will significantly increase safety.
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GateUser-1a2ed0b9vip
· 3h ago
Volume shrank by 98.2% — still dare to chase? I really can't hold back; isn't this just gambling?
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CryptoCross-TalkClubvip
· 3h ago
Laughing out loud, RSI hitting 92 is not even standard anymore. The last time I saw this data, the coins were already gone. Volume contraction -98.2%? You must be pretty desperate to follow this kind of order. Doing nothing is the right move. My advice is always: act fastest when losing money, stay put when making money. That’s my trading system. Honestly, I don’t mess with this kind of muddy water. I’d rather chat in the group than risk becoming a bagholder. Wait for a real breakout before talking. Right now, it’s just a casino, and I’m not a gambler... Oh wait, I am a gambler.
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SleepyValidatorvip
· 3h ago
With such weak volume, I still dare to push for 0.0205, I don't believe it... RSI is already overbought at 92, just wait for a breakout. Anyway, missing out on a wave of market movement is more comfortable than losing money.
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LayoffMinervip
· 3h ago
RSI reaching 92 and still wanting to buy the dip? Bro, isn't this wave a gift? Wait, is the trading volume still shrinking like this? Definitely need to wait, don't get caught being chopped. Watching and waiting, if it breaks, then consider it; acting now is just giving away money. This 0.0200 level is quite tough to hold, I'm just watching from the sidelines. -98.2% of the trading volume, why do I feel this wave is about to crash? If it can't break 0.0205, then it's time to leave; you really can't mess with the water.
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