【$JCT】Short, RSI Overheated/Buying Breakdown/Distribution at High Levels

$JCT RSI skyrocketed to 82.8, buying momentum has severely depleted. On the 4-hour level, price has surged to the upper Bollinger Band, but the latest 1-hour trading volume has shrunk, with the proportion of active buy orders declining to 0.55, showing significantly weakened upward momentum from capital. Selling depth accumulates nearly 7.5 million above 0.002587, with heavy selling pressure. Chasing highs at this level has an extremely unfavorable risk-reward ratio.
🎯Direction: Short🚀Target: 0.002200⚡Entry: 0.002580 - 0.002590🛑Stop Loss: 0.002650
Build position in tranches, rebounds are opportunities to add positions.

View real-time market 👇 $JCT
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