GOAT soared 500%, and the limelight is on! But the alarm is sounded: a 39% correction is imminent?
The meme coin GOAT (Goatseus Maximus) has been on fire recently, soaring from $0.23 to a historical high of $1.25, a 500% increase in a short period of time! The market value has exceeded $1.1 billion, sweeping the Solana ecosystem. However, there are hidden concerns behind this soaring momentum-technical signals show that a 39% correction may be quietly approaching.
Analysts pointed out that GOAT's RSI indicator has reached 67.63, close to the overbought red line of 70. Although market sentiment is in "extreme greed" mode, historical experience tells us that this kind of rise usually means that momentum is beginning to fade. If the price pulls back, the target support level may point to $0.76 or $0.69.
Will this wave of pullbacks become an opportunity to adjust and accumulate power, or will it be an emergency brake for market sentiment? For memecoins that have risen sharply recently, risks and opportunities coexist - aim for the top, don't be blinded by "extreme greed"!
Focus on the market rhythm, want to know what to do next? Hurry up and lock in Uncle Qian!