$JCT (Janction) has witnessed a massive rally in the crypto market. The JCT/USDT Perpetual price climbed to approximately $0.013669, recording a gain of around 372.98% over the past 24 hours. During this rally, the coin reached a high of $0.014888, while trading volume also increased significantly. The sudden surge appears to be driven by heavy futures trading, growing buying pressure, and large-scale liquidations of short positions.👑
☎️According to market reports, more than $7.7 million in $JCT positions were liquidated within four hours, including approximately $6.17 million in short positions. This triggered a short squeeze, adding further upward momentum to the price. The Janction project is associated with the AI and DePIN sectors and is developing a platform that allows AI resources to be shared and rented. Meanwhile, the market is also watching the scheduled unlock of approximately 1.18 billion JCT tokens on November 10, 2026, which could affect token supply and price movements.🔊
📢From a technical perspective, $0.014888 is currently the most important resistance level. If $JCT Coin Manages to break above this level and hold firmly, further upside could be possible. On the downside, $0.009201 remains an important support zone. However, after such a massive rally, profit-taking and sharp price fluctuations remain possible. The biggest question now is whether JCT will establish a new all-time high or face a major correction ahead of the token unlock.🚨 #JCT