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$HIPPO Key Points
Recently, **HIPPO** has been showing a strong upward trend, but it is already in the overbought zone, which creates a risk of short-term correction. It is recommended to remain cautious and monitor changes in volatility and volume/price structure.
Key Data
Current price: 0.0012287 USDT
24h High: 0.0012938 USDT
24h Low: 0.001195 USDT
24h Change: -3.08%
24h Volume: 267,102,476.4 HIPPO
Technical Indicators (Hourly Chart):
RSI: 74.5 (Overbought)
KDJ: K=89.2, D=89.2, J=89.2
Daily RSI: 78.2 (Continued Overbought), Daily Increase: +17.40%
Professional Analysis
From a technical perspective, HIPPO’s short-term moving averages are in a bullish alignment, with a **MACD golden cross forming, indicating the continuation of a strong bullish trend.
All RSI periods are in the overbought zone (>70), indicating overheated buying demand. Some funds may be taking profits at higher levels, creating a risk of short-term correction.
Both daily and hourly charts show the price has broken out above the channel’s upper boundary, which is usually accompanied by corrective pressure.
The price-to-volume ratio demonstrates a “price increase on declining volume” pattern, suggesting profit-taking by some market participants.
Fear and Greed Index: 20 (Extreme Fear), indicating reduced risk appetite in the short term.
Investment Recommendations
If you do not yet hold HIPPO, it is recommended to wait for a price correction or confirming signals before entering a position.
If you already hold a position from lower levels, consider partially taking profits according to your risk tolerance.
Avoid blindly chasing the rally when RSI and KDJ indicators are high to avoid the trap of buying at the peak.
Risk Warning
HIPPO’s high volatility (around 30% on daily data) creates a risk of sharp short-term fluctuations.
It is recommended to control position size and avoid excessive use of leverage.
Set clear profit and loss levels, and closely monitor market changes.
The current extreme fear index indicates a significant chance of price correction.