🚨 Parabolic exhaustion. #JCT and #KOMA are printing massive exit wicks 💀
$JCT — Shot up 99% to 0.0072, now bleeding at 0.0057. RSI is 82.8 — extreme. Look at that vertical candle. The volume is dying at the top. Late buyers are completely trapped. Loses 0.0036 (EMA7) → violent flush back to 0.0025.
$KOMA — Pumped 21% to 0.0229, now rejected back to 0.0187. RSI cooled to 64. The top wick says it all. Momentum is dead. Loses 0.0180 → straight back to 0.0154.
Both pumped hard on pure leverage and are already losing steam. Smart money is exiting. I'm not buying these green candles. Waiting for the first red wick to short both.
$JCT — Shot up 99% to 0.0072, now bleeding at 0.0057. RSI is 82.8 — extreme. Look at that vertical candle. The volume is dying at the top. Late buyers are completely trapped. Loses 0.0036 (EMA7) → violent flush back to 0.0025.
$KOMA — Pumped 21% to 0.0229, now rejected back to 0.0187. RSI cooled to 64. The top wick says it all. Momentum is dead. Loses 0.0180 → straight back to 0.0154.
Both pumped hard on pure leverage and are already losing steam. Smart money is exiting. I'm not buying these green candles. Waiting for the first red wick to short both.