$JCT
A staggering surge, but the technical indicators are ringing alarm bells
Hitting 0.002434 isn't just natural growth—it's the result of a sudden influx of liquidity and intense buying pressure driven by severe FOMO
The Relative Strength Index (RSI) has breached 78, meaning the coin has entered an extremely overbought zone, leaving it vulnerable to a correction at any moment
$JCT
The vast gap from moving averages (like the EMA and MA) shows the price has gone parabolic and is completely unsustainable
Once the major buyers start taking profits, we’ll see a cascading wave of liquidations, triggering a sharp drop back towards key support levels at 0.0016 or below
Caution is advised; jumping in now is pure madness at the top
$JCT
#JCT #Market_Update
A staggering surge, but the technical indicators are ringing alarm bells
Hitting 0.002434 isn't just natural growth—it's the result of a sudden influx of liquidity and intense buying pressure driven by severe FOMO
The Relative Strength Index (RSI) has breached 78, meaning the coin has entered an extremely overbought zone, leaving it vulnerable to a correction at any moment
$JCT
The vast gap from moving averages (like the EMA and MA) shows the price has gone parabolic and is completely unsustainable
Once the major buyers start taking profits, we’ll see a cascading wave of liquidations, triggering a sharp drop back towards key support levels at 0.0016 or below
Caution is advised; jumping in now is pure madness at the top
$JCT
#JCT #Market_Update