$INIT is up 71% while $JCT and $SOXS get smoked. Pure chaos... 🎢
One chart is exploding up...
The others are bleeding out...
This is a crowded trade...
Late buyers become exit liquidity...
INIT is 0.218, up 71% 4h RSI is 87 It pumped from 0.11307
JCT is 0.005604, down 37% 4h RSI is 33 It's 73% below its 0.021344 high.
SOXS is 55.27, down 22% 4h RSI is 30 It's a 3x bear fund, so it moves fast.
Bias: WAIT on INIT. 4h RSI 87 means it's too hot. Above 0.25777 I lean long. Under 0.18804 I step back. 🧭
JCT: I lean long only above 0.006021 Below that, it's a falling knife.
SOXS: It's 3x Size matters. I want to see SOXL find a floor on Monday first.
Crypto trades all weekend.
The US market opens on Monday.
Which is the bigger trap: INIT or JCT? ❓
One chart is exploding up...
The others are bleeding out...
This is a crowded trade...
Late buyers become exit liquidity...
INIT is 0.218, up 71% 4h RSI is 87 It pumped from 0.11307
JCT is 0.005604, down 37% 4h RSI is 33 It's 73% below its 0.021344 high.
SOXS is 55.27, down 22% 4h RSI is 30 It's a 3x bear fund, so it moves fast.
Bias: WAIT on INIT. 4h RSI 87 means it's too hot. Above 0.25777 I lean long. Under 0.18804 I step back. 🧭
JCT: I lean long only above 0.006021 Below that, it's a falling knife.
SOXS: It's 3x Size matters. I want to see SOXL find a floor on Monday first.
Crypto trades all weekend.
The US market opens on Monday.
Which is the bigger trap: INIT or JCT? ❓
