🚨 $JCT has been climbing steadily, and the interesting part is how buyers have kept stepping in as the move gains momentum.
On the 15-minute chart, JCT is trading around $0.003599 after rising nearly 87.45% in 24 hours. Price has moved from the $0.001856 daily low to a high of $0.003648, with green candles and expanding volume showing how aggressively this move has developed.
But after such a sharp run, I’d be watching the reaction near the current high rather than chasing the green candles. A clean break above $0.003648 could signal another attempt higher, while a pullback toward $0.00336 or the $0.00320 area would show whether buyers are willing to defend some of the recent gains.
The 7-period moving average is still above the longer averages, keeping the short-term structure strong. Still, momentum can cool quickly when price rises this far this fast.
The real test now is whether #JCT can build support above its breakout levels or whether early buyers start taking profits.
Would you wait for a pullback here, or do you think buyers have enough strength to push through the current high?
On the 15-minute chart, JCT is trading around $0.003599 after rising nearly 87.45% in 24 hours. Price has moved from the $0.001856 daily low to a high of $0.003648, with green candles and expanding volume showing how aggressively this move has developed.
But after such a sharp run, I’d be watching the reaction near the current high rather than chasing the green candles. A clean break above $0.003648 could signal another attempt higher, while a pullback toward $0.00336 or the $0.00320 area would show whether buyers are willing to defend some of the recent gains.
The 7-period moving average is still above the longer averages, keeping the short-term structure strong. Still, momentum can cool quickly when price rises this far this fast.
The real test now is whether #JCT can build support above its breakout levels or whether early buyers start taking profits.
Would you wait for a pullback here, or do you think buyers have enough strength to push through the current high?