$GTC
I see GTC/USDT has had a huge spike — it’s up +67% today, hitting a high of $0.546 from a low of $0.306, and your RSI is 98, which is extremely overbought.
Here’s a quick, step-by-step trade plan for this setup:
1. Identify the situation
Trend: Massive sudden spike after long sideways action — likely news, pump, or short squeeze.
RSI: 98 means it’s extremely overbought, so buying now is high-risk.
Volume: 33M+ just came in — high interest, but could be short-lived.
2. Possible strategies
If you’re not in a position yet:
Avoid chasing green candles — wait for a pullback.
Ideal buy zone: $0.42–$0.45 if price retraces.
Only buy if volume stays high and no massive sell walls appear.
If you’re already holding:
Secure profits: Sell 50–70% now around $0.51–$0.53.
Keep a trailing stop loss for the rest (around $0.47) in case it runs higher.
3. Risk management
Stop loss for new entry: below $0.40.
Position size: risk max 2–3% of your portfolio.
Avoid holding overnight unless it stabilizes above $0.50 with strong volume.
4. Warning signs to exit immediately
Sudden drop below $0.45 with high sell volume.
Large red candles with RSI still high.
Breaking below the 25-MA (~$0.327) would mean pump is over.