The recent market trend of this ID coin is quite interesting. From multiple timeframes, the RSI data shows a very intriguing divergence — the 15-minute RSI has already started to weaken, at 59, but the 1-hour and 4-hour RSI are completely different, at 78 and 79 respectively, indicating a typical overbought zone. In this situation, chasing the high should be done with extra caution.

There are also issues with trading volume. Currently, the volume is around 261M, which has shrunk significantly by 91% compared to the previous few candles, indicating a severe lack of momentum. This means that even if there is an upward move, it is likely to lack follow-through.

Looking at key levels, the current price is near the psychological level of 0.090. Upward, 0.092 and 0.095 are two potential resistance levels; downward, 0.088 and 0.085 are worth watching.

In fact, the current trading strategy is quite clear:

If the price can hold above 0.092, consider a light long position, targeting 0.095, with a stop-loss at 0.0905; conversely, if it falls below 0.088, try a short position, aiming for 0.085, with a stop-loss at 0.0895. But at this moment? It’s best to stay observant and not chase the high.

The core advice is to wait. Wait until the price can truly stabilize above 0.092 before going long, or wait for a breakdown below 0.088 to try shorting. Stop-losses are essential, and more importantly, avoid holding onto positions blindly. Sometimes, doing nothing is the best move.

(This content only reflects personal analysis; trading involves risks. Please trade cautiously.)