$JCT breakout is in progress 👀
Price has pushed above the key short-term resistance, with momentum improving across both the 1Hr and 4Hr charts.
Now the important part is whether this breakout can hold and expand.
If price gets rejected around the MA25 on the 4H or MA99 on the 1H, we could see a pullback toward:
🔹 0.00245 – 0.00238 → potential retest/support zone
If this area holds, another push higher becomes possible.
Upside Targets 🚀
1️⃣ First expansion: 0.0027 – 0.0028
If price breaks and sustains above this zone:
2️⃣ Next expansion: 0.0032 – 0.0034
And if momentum continues to build:
3️⃣ Bigger targets: 0.0042 – 0.0050
The setup is interesting because the 4H MACD is turning bullish, while RSI is also recovering strongly from lower levels.
⚠️ But don't chase blindly after a breakout. The key is whether price can hold the breakout zone or successfully retest it.
If the breakout holds → expansion can continue.
If it gets rejected → watch 0.00245–0.00238 closely for the next reaction.
This is exactly the type of consolidation → breakout setup I like to track. 🔥
Price has pushed above the key short-term resistance, with momentum improving across both the 1Hr and 4Hr charts.
Now the important part is whether this breakout can hold and expand.
If price gets rejected around the MA25 on the 4H or MA99 on the 1H, we could see a pullback toward:
🔹 0.00245 – 0.00238 → potential retest/support zone
If this area holds, another push higher becomes possible.
Upside Targets 🚀
1️⃣ First expansion: 0.0027 – 0.0028
If price breaks and sustains above this zone:
2️⃣ Next expansion: 0.0032 – 0.0034
And if momentum continues to build:
3️⃣ Bigger targets: 0.0042 – 0.0050
The setup is interesting because the 4H MACD is turning bullish, while RSI is also recovering strongly from lower levels.
⚠️ But don't chase blindly after a breakout. The key is whether price can hold the breakout zone or successfully retest it.
If the breakout holds → expansion can continue.
If it gets rejected → watch 0.00245–0.00238 closely for the next reaction.
This is exactly the type of consolidation → breakout setup I like to track. 🔥