The price increase is accompanied by shrinking trading volume, which is a classic bearish divergence signal. The RSI indicator has reached an extremely overbought zone, indicating the market is overheated and buying momentum is waning. Liquidity feels heavy, and selling pressure is gradually taking over, which often signals the start of a downward correction if sellers remain active.
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HenanBuffet
· 8h ago
Wishing you great wealth in the Year of the Horse 🐴
$LINEA A clear divergence appears after a strong rally, and overbought signals warn that the trend may reverse.
Go short on $LINEA now.
Entry: 0.004000 – 0.004050
Stop loss: 0.004300
First target: 0.003783
Second target: 0.003500
Third target: 0.003399
The price increase is accompanied by shrinking trading volume, which is a classic bearish divergence signal. The RSI indicator has reached an extremely overbought zone, indicating the market is overheated and buying momentum is waning. Liquidity feels heavy, and selling pressure is gradually taking over, which often signals the start of a downward correction if sellers remain active.
Trade $LINEA here. 👇