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BREV's recent 28% surge looks quite impressive, but a closer look at the order book reveals something strange—trading volume has actually been cut in half.
This is interesting. The price is rising, but buying volume is shrinking. The RSI on the 1-hour and 4-hour charts has already pulled back from the overbought levels, yet the price remains sideways at a high level. What does this usually indicate? Profit-taking traders are watching from the sidelines, and new funds haven't come in. A volume-constrained rally is often a prelude to a trap—markets like to say "the strong get stronger," but true strength should be accompanied by volume.
However, I also have to admit I might be completely wrong. If it breaks above 0.50 USDT and stabilizes, there is still room for growth. Contrarian thinking isn't about fighting the trend but about identifying risks early.
**My current plan is to stay on the sidelines:**
- Once volume breaks above 0.50, I will consider a small long position
- If it falls below 0.45 (1-hour candlestick closes below the support), I might switch to a short strategy
- Chasing the high now is not worth it; better to miss this wave than get caught in a dump