$JST / USDT – Massive Bullish Spike! 🚀
$JST has experienced an explosive move to $0.04154, rocketing up by a significant +28.89%! The 4-hour chart shows an enormous green candle indicating strong and sudden buying pressure. Volume is also significantly high.
Potential Considerations (High Volatility):
Entry: Given the sharp spike, entering now carries significant risk. Consider waiting for potential consolidation or pullbacks to establish a position.
Target 1: $0.0425
Target 2: $0.0440 (previous high)
Final Target: Evaluating further targets will depend on how the price action develops after this strong move.
Stop Loss: If entering, a wider stop-loss might be necessary due to the volatility, perhaps below the $0.038 - $0.040 range, depending on your risk tolerance.
Key Observation: This type of rapid price increase can be followed by periods of consolidation or correction. Exercise extreme caution and manage your risk carefully. Watch for volume confirmation and potential profit-taking.
Trade with caution and remember the high volatility associated with such movements.
