AIOT's recent surge is counterintuitive: the hotter it gets, the less you should focus solely on the gains.
AIOT has seen a +23.03% increase in the last 24 hours, pushing sentiment to a high. Right now, it’s not just about how much it has risen, but whether the chasing funds can still catch it. Current price is around 0.06496, with a 24h trading volume of about 6.8475 million; a volume-driven breakout looks more like funds following the trend.
Reference indicators: 30m RSI at 81.06 is getting hot, indicating that chasing sentiment is nearing its peak; 30m Super Trend at 0.061100, and the current price is above it, suggesting a continuation of the trend structure.
The real point of interest lies in the divergence: some see funds clustering together, while others are cashing out short-term. I’m more interested in whether chasing sentiment has started to cool off; even with high heat, it can easily turn into a spike and drop.
At this position, don’t rush to call a direction; the next 30m candlestick is more important than opinions.
#AIOT #Alert
AIOT has seen a +23.03% increase in the last 24 hours, pushing sentiment to a high. Right now, it’s not just about how much it has risen, but whether the chasing funds can still catch it. Current price is around 0.06496, with a 24h trading volume of about 6.8475 million; a volume-driven breakout looks more like funds following the trend.
Reference indicators: 30m RSI at 81.06 is getting hot, indicating that chasing sentiment is nearing its peak; 30m Super Trend at 0.061100, and the current price is above it, suggesting a continuation of the trend structure.
The real point of interest lies in the divergence: some see funds clustering together, while others are cashing out short-term. I’m more interested in whether chasing sentiment has started to cool off; even with high heat, it can easily turn into a spike and drop.
At this position, don’t rush to call a direction; the next 30m candlestick is more important than opinions.
#AIOT #Alert