The price was pushed above the upper Bollinger Band, but trading volume has significantly decreased, indicating that buying power is no longer sufficient. Both RSI and MFI are heavily overbought, which is a clear sign of momentum exhaustion. As long as the price breaks below the current support, heavy selling pressure is likely to trigger a quick correction.
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$VTHO 's upward momentum is waning, with extreme overbought signals appearing, and sellers may be preparing to step in.
Go short on $VTHO now
Entry: 0.000648 – 0.000645
Stop Loss: 0.000668
Target 1: 0.000627
Target 2: 0.000592
Target 3: 0.000545
The price was pushed above the upper Bollinger Band, but trading volume has significantly decreased, indicating that buying power is no longer sufficient. Both RSI and MFI are heavily overbought, which is a clear sign of momentum exhaustion. As long as the price breaks below the current support, heavy selling pressure is likely to trigger a quick correction.
Trade $VTHO 👇 here