ZBT has been surging wildly these days—up 50% in 24 hours, with the order book hitting hard. It looks very tempting, but I still held back. Why? Because the technical indicators are flashing red.
The 4-hour RSI has shot up to 87, the 1-hour MACD just had a death cross, and the trading volume is still shrinking. Jumping in under these conditions? That’s like walking right into a flying knife. So my plan is simple—sit on the sidelines first and let the market play out on its own.
**I've marked all the key levels:**
If it retraces and stabilizes around 0.145 (which was support an hour ago and also hits the Fibonacci 0.382 retracement level), that would be my opportunity to consider going long. But the prerequisite is that the price must not fall below 0.138; if it does, it indicates the bullish structure is broken, and I’ll give up immediately.
**If I do enter, here are my target levels:** First target at 0.158 (aiming for a 9% gain), second target at 0.165 (aiming for a 13.8% gain), with a stop-loss set at 0.138 (risk approximately 4.8%).
And a detail—if it breaks through 0.152 and stabilizes there, that might signal a second wave of upward momentum, so I could consider a small position to test the waters.
Trading is all about patience. Don’t get scared and rush in during a surge, and don’t panic and cut all your positions during a dip. Set your stop-losses, let your bullets fly for a while, and opportunities will come.
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POAPlectionist
· 13h ago
A 50% increase and you want me to buy in? Dream on... The RSI is already overbought, and you're still daring to chase? I'm choosing to stay flat this time, wait for it to pull back on its own.
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LightningAllInHero
· 13h ago
Those who take the risk are all warriors. I'll wait and see; I don't dare to touch the RSI 87 number.
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ruggedNotShrugged
· 13h ago
Damn, RSI 87 is off the charts. I knew this wave was going to crash. Your analysis is spot on; I'm just waiting around 0.145 to catch the knife.
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GateUser-cd672fee
· 13h ago
Christmas Bull Run! 🐂
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AirdropF5Bro
· 13h ago
Wow, RSI is already at 87, and you're still chasing? Aren't you just asking for trouble?
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DesertPoplarForest
· 13h ago
Is this another coin manipulated during Asian trading hours?
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consensus_failure
· 13h ago
You're still willing to chase with the RSI at 87? I think you're just trying to experience the feeling of catching a falling knife.
ZBT has been surging wildly these days—up 50% in 24 hours, with the order book hitting hard. It looks very tempting, but I still held back. Why? Because the technical indicators are flashing red.
The 4-hour RSI has shot up to 87, the 1-hour MACD just had a death cross, and the trading volume is still shrinking. Jumping in under these conditions? That’s like walking right into a flying knife. So my plan is simple—sit on the sidelines first and let the market play out on its own.
**I've marked all the key levels:**
If it retraces and stabilizes around 0.145 (which was support an hour ago and also hits the Fibonacci 0.382 retracement level), that would be my opportunity to consider going long. But the prerequisite is that the price must not fall below 0.138; if it does, it indicates the bullish structure is broken, and I’ll give up immediately.
**If I do enter, here are my target levels:**
First target at 0.158 (aiming for a 9% gain), second target at 0.165 (aiming for a 13.8% gain), with a stop-loss set at 0.138 (risk approximately 4.8%).
And a detail—if it breaks through 0.152 and stabilizes there, that might signal a second wave of upward momentum, so I could consider a small position to test the waters.
Trading is all about patience. Don’t get scared and rush in during a surge, and don’t panic and cut all your positions during a dip. Set your stop-losses, let your bullets fly for a while, and opportunities will come.