RYCEY is up over 170% since JAN25 — and that’s exactly why this moment matters.
After a move like that, most traders are still thinking the same thing:
“buy the dip, it always goes higher.”
But the chart is starting to tell a slightly different story.
We are now seeing:
→ Loss of momentum after multiple higher highs
→ A deeper pullback toward trendline support
→ Early signs that the trend is no longer as clean
This doesn’t mean the trend is over —it means the easy part might be.
Key level to watch: $13.50
This is where the next move likely gets decided.
If price holds this zone:
→ Expect a reaction
→ Potential continuation toward a new high
If price breaks below:
→ Structure weakens
→ Deeper correction becomes likely
Big picture
The trend is still technically bullish…
but sentiment is late, and momentum is fading.
That combination is where mistakes happen.
Key takeaway
Trend is your context.
Levels are your decision points.
Not financial advice. Just price action.
After a move like that, most traders are still thinking the same thing:
“buy the dip, it always goes higher.”
But the chart is starting to tell a slightly different story.
We are now seeing:
→ Loss of momentum after multiple higher highs
→ A deeper pullback toward trendline support
→ Early signs that the trend is no longer as clean
This doesn’t mean the trend is over —it means the easy part might be.
Key level to watch: $13.50
This is where the next move likely gets decided.
If price holds this zone:
→ Expect a reaction
→ Potential continuation toward a new high
If price breaks below:
→ Structure weakens
→ Deeper correction becomes likely
Big picture
The trend is still technically bullish…
but sentiment is late, and momentum is fading.
That combination is where mistakes happen.
Key takeaway
Trend is your context.
Levels are your decision points.
Not financial advice. Just price action.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.