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$4 this coin has recently surged aggressively, but it's getting a bit hot.
**Price is soaring here**
Current price is 0.02666 USDT, up nearly 18% in 24 hours, with a high of 0.02762 today. Opening the candlestick chart, you can see that during this period, it has almost been a straight upward climb, and the trend is indeed fierce.
**Trading volume is scorching hot**
24-hour trading volume is 1.025 billion units, with a trading value of 25.35 million USDT. For a coin priced under 3 cents, this trading volume is truly exaggerated. What does it indicate? Large amounts of capital are flowing in and out, liquidity is good, but this also means volatility is inevitable.
**Technical indicators are flashing red**
Moving averages look good — the short-term line (white line) is entirely above the long-term line, indicating a strong short-term trend. But the problem is, the KDJ indicator has already reached high levels: K at 85, D at 81, J at 92, all exceeding 80 and entering overbought territory. Historical experience tells us that such positions often precede short-term corrections.
Starting from the low point, it has already risen 36%, with a lot of profit-taking piling up. That tense string could snap at any moment.
**Who is suitable to jump in?**
Short-term traders who are quick and have strong psychological resilience. Those who can accept intense volatility.
**What should be watched closely?**
Be especially cautious about chasing the high. When in overbought territory, a single bearish candle can lead to a 10-20% correction, which is normal. Don’t be scared off.
**Summary in one sentence:** It’s like a sports car racing uphill — the engine roars (huge trading volume), speed is rapid (fierce rally), but the warning lights on the dashboard are already flashing (indicators overbought). Whether to keep pressing the accelerator or prepare to brake, the choice is in your hands.