2026-01-05 05:23:59

FET/USDT's recent trend is interesting. Multiple timeframes have triggered overbought warning signals — the 1-hour RSI surged to 81, the 4-hour even more exaggerated at 84, while the 15-minute RSI remains at 68, appearing relatively mild. At first glance, it seems ready to take off, but the problem is: the 1-hour MACD histogram is shrinking, and trading volume has even decreased by 73.5%, indicating that fewer people are chasing the high, and the momentum is insufficient.

Looking at the technical position:
Currently stuck at the 0.29 resistance level. Above that, there are two more hurdles at 0.295 and 0.305. Support levels below are at 0.285 and 0.275.

My strategy is this — if the price really breaks through 0.295, I will follow with a light position, aiming for 0.305, but set a stop-loss at 0.288 to prevent unexpected moves. Conversely, if it falls below 0.285, I will switch to shorting, targeting 0.275, with a stop-loss at 0.292. As for the price oscillating between 0.285 and 0.295, I choose to observe and not rush into trades.

The current situation is actually quite awkward; overbought conditions are real, and volume is declining. Chasing the risk at this point is too dangerous. I prefer to wait for a breakout to act, letting the price tell us what the real direction is.

FET-0,87%

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rekt_but_not_broke

· 01-08 05:09

With such a shrinking volume, do you still dare to chase? I think they really want to experience the gentle destruction of a shitcoin.

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ImpermanentTherapist

· 01-07 19:42

With such weak volume, do you still want to take off? Haha --- RSI is soaring, but the trading volume has directly shrunk. I am very familiar with this strange feeling. --- 0.285 to 0.295 is a dead zone; a break below is the real signal. --- Wait, wait, I just like to watch these awkward dips; the price will speak for itself. --- Overbought + decreasing volume—when this combo appears, I know a crash is coming. I’d rather miss out than get trapped. --- I agree with the suggestion to add a small position, but currently, everyone entering is just a bagholder.

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CoffeeNFTs

· 01-07 14:50

Trading volume shrank by 73%, which is quite awkward; can't chase it anymore. Before the breakdown, I chose to lie low and let the price speak for itself. RSI is overbought but no one is following up, a typical false high; wait for a reverse signal before acting. If 0.285 breaks, go short—this logic has no flaws. Feels like FET is squeezing the bubble; it's not the time for me to bottom fish.

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Rugman_Walking

· 01-06 19:44

Still daring to chase after a 73.5% decrease in volume? This is just the prelude to harvesting the leeks.

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0xOverleveraged

· 01-05 05:54

Trading volume declines by 73.5%, yet still daring to chase, isn't this just the rhythm of bagholders? --- RSI has already reached 84 and still hasn't broken down, this is the most terrifying part. --- It's right to stay on the sidelines; rushing in now just waiting to be washed out. --- Only act after a breakdown; I approve of this logic—no greed, no loss. --- Stuck at 0.29 for so long, it feels like either a sharp surge or a crash; I choose to sleep through the oscillation. --- Trading volume shrinks, chasing highs now must be fools. --- Wait for a breakthrough at 0.295 before considering entering; current actions are purely gambler's psychology. --- With such a volume, still want to push to 0.305? Not realistic.

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fren.eth

· 01-05 05:52

With such a shrinking volume, do you still dare to chase? I think it's uncertain; let's wait until it breaks the support level.

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Blockwatcher9000

· 01-05 05:51

Still daring to chase after a 73.5% decrease in volume? This is the rhythm of cutting leeks.

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TokenSleuth

· 01-05 05:45

A 73.5% decrease in volume; chasing the high is just giving it away. Waiting for a breakdown before buying again is the right move.

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AirdropHermit

· 01-05 05:41

With such weak volume, how dare they push forward? The rebound trap is too obvious. I'm also observing this wave; I'll decide after a break below. RSI is overbought but trading volume is plummeting? Isn't this about to collapse? Wait for a clear signal before taking action; there's no need to gamble. Honestly, everyone who enters now is gambling, but I don't gamble. I only consider shorting if 0.285 breaks; those resistance levels above are left untouched for now. A decline in trading volume with fewer people is the most dangerous signal, okay?

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