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.
RVV119,57%
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CrossChainBreathervip
· 11h ago
Will you still chase after a 99.6% decrease in volume? Isn't this just dancing on the edge of a cliff? Wait until you see clearly before acting. Anyway, set a stop-loss if it breaks the level. Don't get caught in a trap. RSI has already soared above 80. If it continues to surge this time, it would be suspicious. I'm also on the sidelines, feeling that this position is just a big trap.
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MintMastervip
· 11h ago
With such severe volume exhaustion, an RSI that is high is pointless Wait for the breakdown, chasing highs now is just giving away money An RSI of 87.5 is indeed outrageous, this wave of correction is fierce Stay put, just watch, anyway the direction will be confirmed sooner or later
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ETH_Maxi_Taxivip
· 11h ago
Quantu -99.6% and still bullish, how strong must that be haha
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GodAlsoBlessesMe,MuFeng.vip
· 11h ago
Robot
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MidnightGenesisvip
· 11h ago
On-chain data is indeed a bit messy this time, with -99.6% trading volume and an RSI of 87.5. I've seen this combination too many times. As expected, it's another false breakout before the volume dries up. In my observation, 0.0100 is just a trap. Wait for the breakdown confirmation before taking action, don't gamble.
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ContractTearjerkervip
· 11h ago
The exhaustion of trading volume is intense this time. With RSI soaring like this, I am even more cautious.
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DogeBachelorvip
· 11h ago
With such a sharp contraction in volume, I think I'll wait and see first. The 99.6% figure is too frightening.
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