XPIN's recent surge has definitely been noticed by many, but if you're still caught up in the impulse to chase the high, this analysis might help you cool down.
Let's look at a phenomenon: on the 1-hour and 15-minute K-line charts, the RSI has already soared above 90. What does this mean? Historically, whenever RSI reaches such extreme levels, it is usually followed by a wave of moving average correction or sideways consolidation. In other words, entering a position at this point already exposes you to significant risk.
You ask, when is the right time to enter? Here's my observation. On the 4-hour chart, the KDJ is also running above 100, but the key is the movement of the J line—once the J line starts to turn downward, it signals a short-term pullback. Instead of jumping in now to follow the trend, it's better to wait a little longer.
Specifically, wait for the 15-minute chart to pull back to the MA(25) level (around 0.00254), and after confirming support, then open a position. This kind of entry point will have a much higher win rate and easier stop-loss placement. After all, missing the first big bullish candle is a fact. Instead of forcing a trade now and making the stop-loss space awkward, it's better to patiently wait for a more comfortable entry opportunity. The essence of trading is the risk-reward ratio, not rushing to catch every market move.
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StableCoinKaren
· 01-07 06:55
It's the same story again, when RSI soars to 90, they start talking about risk... I've seen this act before, and some people still believe it.
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tokenomics_truther
· 01-07 03:58
I already bailed out early. RSI over 90 and still chasing? That's the rhythm of cutting losses.
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FundingMartyr
· 01-05 01:52
It's a bit too absolute. I didn't miss out on profits when RSI was above 90; the key still depends on the support of the larger cycle.
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DegenWhisperer
· 01-05 01:35
Everyone who chases the high should take a look; with RSI soaring to 90, those still daring to buy are really bold.
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NFTArtisanHQ
· 01-05 01:33
honestly the RSI porn is giving me flashbacks to that whole baudelaire moment with overbought aesthetics... like yeah overbought charts are visually dramatic but philosophically speaking, aren't we just chasing the same mechanical reproduction anxiety walter benjamin warned us about? patience rewarded through technical confirmation feels more *curated* than fomo anyway ngl
XPIN's recent surge has definitely been noticed by many, but if you're still caught up in the impulse to chase the high, this analysis might help you cool down.
Let's look at a phenomenon: on the 1-hour and 15-minute K-line charts, the RSI has already soared above 90. What does this mean? Historically, whenever RSI reaches such extreme levels, it is usually followed by a wave of moving average correction or sideways consolidation. In other words, entering a position at this point already exposes you to significant risk.
You ask, when is the right time to enter? Here's my observation. On the 4-hour chart, the KDJ is also running above 100, but the key is the movement of the J line—once the J line starts to turn downward, it signals a short-term pullback. Instead of jumping in now to follow the trend, it's better to wait a little longer.
Specifically, wait for the 15-minute chart to pull back to the MA(25) level (around 0.00254), and after confirming support, then open a position. This kind of entry point will have a much higher win rate and easier stop-loss placement. After all, missing the first big bullish candle is a fact. Instead of forcing a trade now and making the stop-loss space awkward, it's better to patiently wait for a more comfortable entry opportunity. The essence of trading is the risk-reward ratio, not rushing to catch every market move.