CHZ Futures(CHZUSDT) Recent trend shows obvious conflicting technical signals. The RSI indicators on the 15-minute, 1-hour, and 4-hour timeframes are all in the overbought zone, with the 1-hour RSI reaching an extreme overbought level of 91, which is a dangerous signal. However, there is a noteworthy detail — the 1-hour MACD histogram is still expanding upward, which usually suggests that the upward momentum has not fully exhausted, but it could also reverse instantly on the next candle.

The most cautionary aspect is the volume performance: it has shrunk by 95% compared to earlier levels. This exhaustion of volume combined with extreme overbought conditions is like a tightly stretched string, unpredictable when it might snap.

In terms of price position, it is currently hovering around the psychological level of 0.0500. Resistance levels are at 0.0515 and 0.0530, while support levels are at 0.0485 and 0.0470.

My straightforward advice: the best action right now is to do nothing. If it breaks through 0.0515, I wouldn’t chase the high; I would wait for a reasonable pullback before considering. Conversely, if it falls below 0.0485, consider a small short position, targeting 0.0470, but with a strict stop-loss at 0.0505. Better to miss a wave of the market than to be smashed through by an extreme overbought rebound.