$JOJO just did that thing where your chart looks calm… then it yells. Price is near $0.251, up a wild +764% on the 4h view. For a sec I stared at the candle and thought, “did my app lag?” Nope. It printed a tall green bar with a huge top tail, like a match that flared too fast.
That long tail up toward ~$0.90 matters. It often means price ran, hit a wall, then got pushed back down. Volume also jumped hard, so this move had real force behind it. But the trade pool is not huge (about $375k), while FDV is big (that’s “full value” if all coins were out, here about $201M). That gap can make moves sharp, and slips more likely.
RSI(6) is near 99. RSI is a speed meter for price. High RSI can mean “too fast, too soon,” not “auto crash,” but it raises the odds of a cool-off. Near levels, I’d watch ~$0.25 as the live line, then ~$0.17–0.18 as a deeper floor. Above, the first tough zones sit around ~$0.36 and the old spike area up near ~$0.55–0.90.
JOJO is in a hype-wave phase, but the wick and RSI say “breathe.” Let it settle, then judge the next step.
