🚨 $EWY Alert: Price hits $134.68! Is a Pullback Coming? 📉
I’m looking at the $EWY chart on Binance right now, and the momentum is incredible! It just touched $134.68, showing a solid +0.88% gain in the short term. 🔥
🔍 Technical Insight:
Looking at the RSI (6), it’s currently sitting at 87.36. For my fellow traders, this means the asset is in the "Overbought" zone. While the trend is bullish, we should be cautious of a potential cooling-off period or a small dip before the next leg up. 📈
⚠️ Key Observation:
The 24h High was $137.90, so we are close to testing that resistance again. Volume is steady at 13.78M USDT.
My Strategy: I’m holding my position but keeping a close eye on the support levels near $130. 🛡️
Are you going "Long" on EWY right now, or are you waiting for the RSI to drop? Let’s talk numbers in the comments! 👇
#EWY #CryptoTrading #TechnicalAnalysis #BinanceSquare #Write2Earn #bullish