$HFT Cat That Climbed the Tree and Now Doesn’t Know How to Get Down
Today HFT decided decimals were boring and went on a field trip. +14.41%, touched $0.0137, the 200 EMA at $0.0128 left behind like a bad memory. All good, right?
The problem? RSI is sitting at 84. Yeah, you read that right. That’s the number of a cat that climbed the tree, looked down, and said, “now what?”
Because the pump was nice, but the correction usually shows up when enthusiasm turns into vertigo.
🤝 MACD is flat as a pancake. DIF and DEA are staring at each other, afraid to cross. Volume isn’t crazy either: 106M HFT, nothing massive. Feels like the market is in “wait and see what the neighbor does” mode.
HFT is today’s “gainer” but with RSI in the stratosphere. If you’re the type who buys when the chart is neon green, take a deep breath first.
The ones who know wait for the cat to climb down on its own or at least wait for the MACD to tell them it’s not a mirage.
For now, HFT is swinging on the branch. The question is whether it finds momentum to keep climbing or if the tree turns out to be too tall.
DYOR, just a joke with candles🙌
#BinanceWallet #HFT