Everyone sees the oversold RSI and expects a reversal but $JCT is showing the kind of structure that often leads to another leg lower instead of a bounce.
$JCT /USDT – SHORT
Trade Plan: Entry: 0.0036413 – 0.0037207
SL: 0.0046481
Take Profit:
TP1: 0.0029557
TP2: 0.0024721
TP3: 0.0017468
The 4H chart continues to favor the bears with an 85% short bias, despite the 15m RSI at 10.95, which only signals short-term exhaustion—not necessarily a trend reversal.
Price remains trapped inside a broader daily range, but bearish momentum continues to outweigh bullish pressure by a wide margin.
The suggested entry around 0.0036810 targets TP1 at 0.0029557, representing nearly a 20% downside before reaching the next major support zone.
The current range is acting more like a distribution area than a base, increasing the probability of a breakdown if sellers maintain control.
Risk is clearly defined above the stop-loss, while the prevailing trend continues to favor downside continuation unless price reclaims key resistance.
$JCT
$JCT /USDT – SHORT
Trade Plan: Entry: 0.0036413 – 0.0037207
SL: 0.0046481
Take Profit:
TP1: 0.0029557
TP2: 0.0024721
TP3: 0.0017468
The 4H chart continues to favor the bears with an 85% short bias, despite the 15m RSI at 10.95, which only signals short-term exhaustion—not necessarily a trend reversal.
Price remains trapped inside a broader daily range, but bearish momentum continues to outweigh bullish pressure by a wide margin.
The suggested entry around 0.0036810 targets TP1 at 0.0029557, representing nearly a 20% downside before reaching the next major support zone.
The current range is acting more like a distribution area than a base, increasing the probability of a breakdown if sellers maintain control.
Risk is clearly defined above the stop-loss, while the prevailing trend continues to favor downside continuation unless price reclaims key resistance.
$JCT