#数字货币市场回调 $MERL 🚨 technical indicator pump alarm! RSI skyrocketed to 96.6, this extreme data shows that market sentiment has completely gone out of control.

First, let's look at the data:
What does it mean for RSI to rise to 96.6? In a normal market, above 70 is considered overbought, and this number now indicates that the buying power has been exhausted to the limit. This 40% pump is essentially driven by a short squeeze after the bears were forced to cover — but the fuel is running out.

Entering the market now is like playing musical chairs; you have to pray that the next person taking over is more aggressive than you.

💡 Rational operation suggestions:
❌ $0.465 at this position, it is recommended to observe. The risk-reward ratio for chasing high now is extremely poor.

✅ Waiting for an opportunity: If it stabilizes around $0.4405 during the pullback (this is the previous support level), consider a small position to test — remember it’s a "test" not a "all-in".

🛡️ Defensive Discipline: Once it breaks below $0.415, don't hesitate, exit with a stop loss. The market won't turn around just because you are unwilling to let go.

🎯 Profit target: If the $0.5-$0.55 range encounters resistance, it's time to consider withdrawing; greed is often the beginning of losses.

When the technical indicator is more eye-catching than the price increase itself, it is a risk signal, not a party invitation.

Focus on high win rate trading logic, candlesticks can speak.