⚠️ $AXS
is Overheated! RSI at 94 + Vertical Pump. Don't Get Trapped. 🛑
Analysis:
Axie Infinity (AXS) has gone absolutely parabolic, trading at 1.267 (+34%). While the green candles look tempting, the indicators are flashing a "Red Alert" for smart traders.
📉 The Stealth Warning:
RSI(6) Extreme: The RSI is sitting at 94.61. This is statistically unsustainable. Buyers are exhausted, and a cooling-off period is inevitable.
The "Air Gap": Look at the massive distance between the current price (1.267) and the Yellow EMA 7 (1.096).
Rubber Band Effect: Price acts like a rubber band. It has stretched too far from its average (EMA 7) and must snap back to reconnect eventually.
🎯 Stealth Setup (Patience Play):
🚫 The Trap: Buying here at 1.267 is gambling, not trading. You are buying the exact top of the RSI.
📉 The Pullback Zone (Buy Limit):
I am setting silent alerts at 1.100 - 1.120 (Near the Yellow EMA 7).
If price crashes down to this level and holds, that is the safe entry for the next leg up.
Resistance: 1.318 (24h High).
Silent Scalper's Verdict:
Let the FOMO crowd buy the top. We wait for the correction. The market always returns to the mean. 🧘♂️