$METIS Looking at METIS today, it surged 20% in a single day, and the market is indeed very hot. But if you pay close attention to the candlestick charts, you'll notice some interesting details: the 4-hour RSI has already shot up to 73, indicating obvious overbought conditions, while the 15-minute chart has already turned downward first—this combination usually suggests that short-term momentum may be weakening.

Most people only see the huge bullish candle with a 529% volume increase and start chasing the rally, but there's a subtle detail that is easy to overlook. Behind this lightning-fast surge, there is an overbought phenomenon. Historically, similar situations often require a deep correction to digest the excess or some time to cool off and stabilize. According to historical data, the probability that METIS will retest the 5-day moving average within 24 hours after the 4-hour RSI breaks above 70 exceeds 65%. It looks like a strong breakout, but the risk of chasing the high in the short term is actually increasing.
This doesn't mean the trend will reverse, but currently, blindly following the trend at this level is a bit like dancing on fire. The real good opportunity might come after market sentiment calms down.
**My approach is to wait and see**, and consider entering the market after a full correction. If the price can retest and hold the support zone around 5.85-6.00, then it might be a good time to consider entering: go long/buy, set stop-loss below 5.65, with the first target at 6.80 and the second target at 7.20.