🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
RVV's current trend is quite interesting. Looking at the 15-minute, 1-hour, and 4-hour charts, the RSI is soaring into overbought territory—specifically 79, 87.5, and 81. These numbers are already quite extreme.
Although the 1-hour MACD histogram is still expanding upward, indicating that the bulls still have strength, the problem is: trading volume has shrunk to -99.6%, which is terrifying. With energy so depleted, even a high RSI can't be sustained for long.
Currently, the price is hovering around the psychological level of 0.0100. Resistance levels are at 0.0105 and 0.0112, while support levels are at 0.0096 and 0.0090.
How to operate? The breakout strategy is the clearest. If it breaks above 0.0105, go long with a target of 0.0112, but set a stop-loss at 0.0100. Conversely, if it falls below 0.0096, the bears take over, aiming for 0.0090, with a stop-loss at 0.0101.
Currently, I prefer to wait and see, not rushing to enter. Extreme overbought conditions combined with exhausted volume mean chasing the high is a gamble. There are winners, but the risk is definitely there. Wait for the trend to be confirmed before entering, and if it breaks, cut losses immediately—don't let the market manipulate your mindset.