$FHE #FHE It’s "Mooning" but Overheated
The price has pumped over 36% in 24 hours. While the green candles look great, the asset is currently in a "parabolic" move. These moves are exciting but high-risk.
2. The RSI is Insane
The RSI is at 94.9. In trading terms:
70 is considered "Overbought" (Hot).
94 is "Nuclear."
It is very rare for an RSI to stay this high for long. It suggests that the buying frenzy is reaching a peak and a pullback (price drop) is likely coming soon as people start taking profits.
3. MACD Momentum
The MACD shows strong upward momentum (the green bars are getting bigger). This confirms the current trend is very strong, but again, it’s stretched thin.
4. Price vs. Moving Averages
The price is hovering way above its moving averages (MA 20 and 50). Usually, the price acts like a rubber band; when it gets pulled too far away from the moving averages, it eventually snaps back toward them.
The Bottom Line:
If you are already in: You are sitting on good profits. It might be a smart move to "Take Profit" (sell some) now before the RSI cools down.