【$JCTUSDT】This price action looks off, detailed breakdown

$JCT Normal intraday fluctuation period, RSI surged to 71, buy-side gap, potential collapse at any time. On the 4-hour level, price broke above the upper Bollinger Band, but MACD histogram is contracting with momentum divergence. On the 1-hour level, buy-side depth is imbalanced, sell walls piling up above 0.00435, latest 1-hour volume shrunk drastically to 76 million, buy-side gap characteristics are obvious. Funding rate turned positive but open interest stable, looks more like long leverage overheating distribution rather than healthy short squeeze.
Current price 0.004322 go short directly, stop-loss set above 0.00435. First target 0.0038, reduce position by half there, remaining bet on 0.0034. This high-level volume contraction and price stagnation, risk-reward ratio exceeds 4x, worth using a small stop-loss to take a shot at the larger-level pullback.
Check real-time chart 👇 $JCT
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