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【$JCTUSDT】Don't rush to buy the dip/chase the pump, check this first
$JCTUSDT RSI soared to 88.45, buy side clearly overheated. 4-hour level price broke out above Bollinger Band upper rail, MACD golden cross above zero but momentum histogram starting to shrink, volume-price divergence initially emerging. Order book experiencing wild order cancellations, sell orders stacked above notably thicker than buy orders, capital support intention weakening. Regular market fluctuation period, this kind of high-level oscillation following rapid surge, risk-reward ratio already out of balance.
Direction: Stay in cash
Wait for price to retrace and confirm support near EMA20 (0.0029), or consider entering after volume breakout above 0.0052 previous high.
Trade Management: Watch more, do less, chasing highs at this level carries far greater risk than potential gains.
Check live market 👇 $JCTUSDT
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