#数字资产市场动态 $FRAX surged 43% within 24 hours, jumping directly from 0.7500 to 1.1480. It looks very tempting, but there is a big problem—RSI has already skyrocketed to 80.56, firmly in the extremely overbought zone.



What does this mean? It means this wave has risen too fast and too aggressively, and a sudden brake could happen at any time. Now is a very risky position to chase the high.

**Key levels you need to remember:**

Support levels (targets during correction): 1.1291 → 1.0000 → 0.9027 (MA7 moving average)
Resistance levels (current resistance): 1.1480 (today's high) → 1.2201

**How to do it more safely?**

If you already bought in early, you should consider taking profits now and not letting gains slip away. Otherwise, calmly wait for a correction, and re-enter when the price pulls back to a comfortable level.

The most ideal buying zone is between 1.0000 and 1.0500. If you enter, set your target at 1.1000-1.1300, and place your stop-loss at 0.9800 for safety.

For experienced traders wanting to short (very risky, beginners should avoid): enter at 1.1400-1.1470, target 1.1000-1.0500, stop-loss at 1.1550.

The trading volume of 236M looks pretty good, market liquidity is fine, but it also indicates one thing—there's significant pressure to take profits. If it really breaks through 1.1480, although there is room to go to 1.2201, the risk level will rise sharply.

In one sentence: a 43% increase has already turned "rumor" into "news," and at this point, greed often doesn't end well.
FRAX40,74%
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LiquidationWatchervip
· 5h ago
ngl this rsi at 80.56 is giving me 2022 ptsd flashbacks... seen this movie before, doesn't end well for fomo buyers
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ContractSurrendervip
· 5h ago
A 43% increase, RSI over 80. This move is either quick profit or quick loss, with no middle ground.
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IntrovertMetaversevip
· 6h ago
Oh no, it's the same old pattern of chopping up the retail investors back and forth. Do you want to chase after RSI over 80? Then just wait to get trapped...
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SneakyFlashloanvip
· 6h ago
A 43% increase in RSI has already soared to 80. This move is a bit too crazy. I'll wait for a pullback before getting in to be safer.
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