$JCT ran +37% and this is what the structure shows right now 👇
Pumps like this 82% leg in 23 hours always bring in late buyers right where risk is highest.
Look at what happened around 0.005764: JCT got through by just 3.0%, tagged 0.005935 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.004939. That's where the last dip bottomed (it retraced 33% of $JCT the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.005935 though, I'm wrong.
📌 My JCT trade: short from 0.005852, stop at 0.006309, target 0.004939 (+15.6%, 1:2)
📊 24h Vol: $186M | 24h Chg: +37.4% | Funding: +0.0339%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#JCT #Crypto #Trading
Pumps like this 82% leg in 23 hours always bring in late buyers right where risk is highest.
Look at what happened around 0.005764: JCT got through by just 3.0%, tagged 0.005935 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.004939. That's where the last dip bottomed (it retraced 33% of $JCT the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.005935 though, I'm wrong.
📌 My JCT trade: short from 0.005852, stop at 0.006309, target 0.004939 (+15.6%, 1:2)
📊 24h Vol: $186M | 24h Chg: +37.4% | Funding: +0.0339%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#JCT #Crypto #Trading
