I'm watching JCTUSDT Perpetual closely right now. 👀

JCT is currently trading around $0.008277, up approximately 140.26%. After such a massive pump, I'm noticing a potential double-top formation near the current price range.

This could indicate weakening buying pressure and a possible bearish reversal if sellers take control.

📉 My Trading Idea: SHORT $JCT

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• Pair: JCTUSDT Perpetual

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• Current Price: $0.008277

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• Bias: Bearish (Short)

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• Setup: Potential Double Top

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• Target: Watch for a confirmed breakdown.

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• Risk Management: Use a strict stop loss and avoid entering before confirmation.

💡 What I'm Watching:

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• Rejection around the double-top resistance.

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• Increasing selling pressure.

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• A clean breakdown below local support.

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• Volume confirmation before entering short.

⚠️ Remember, a double top is not a guaranteed reversal. Wait for confirmation instead of blindly shorting after a big pump. Manage your leverage and protect your capital.

Will $JCT dump from here, or can buyers push it even higher? 🔥

Drop your thoughts below! 👇

JCTUSDT #BinanceSquare #CryptoTrading #ShortSetup #Altcoins