🚨
$JCT : +126% PUMP… IS THE TOP IN? 📉
Everyone sees the green candles. But smart traders are watching for the first sign of weakness. 👀
$JCT is showing extreme overbought conditions, with RSI near 100 on the 1H chart.
📊 What I'm watching:
🔴 RSI near 100 — overheated, but not an automatic sell signal.
🔴 Price stretched above the upper Bollinger Bands.
🔴 Fading volume could signal weakening momentum.
🎯 SHORT SETUP
🔻 Entry: $0.0044–$0.00460
🛑 SL: $0.0049
🎯 TP1: $0.0040
🎯 TP2: $0.00360
🎯 TP3: $0.00320
⚠️ The catch: Don't short just because RSI is high. A parabolic pump can keep pumping.
Wait for a confirmed breakdown on the 15M chart before entering. If buyers reclaim the highs with strong volume, the short idea is invalidated.
Would you short this setup or wait for confirmation? 👇
$JCT #JCT