$JCT
is showing clear signs of weakness after its initial explosive move. 📉
Price failed to sustain the breakout and is now forming lower highs, with selling pressure pushing it back toward the $0.0065–$0.0067 area.
The short-term structure is turning bearish. The previous spike toward $0.021 was rejected hard, and buyers have struggled to regain control since then.
Levels to watch:
$0.0065 — immediate support
$0.0080–$0.0085 — first resistance zone
$0.0100–$0.0110 — next major reclaim area
$0.0130–$0.0150 — upper resistance and trendline zone
If $0.0065 gives way, further downside is possible. For a bullish shift, JCT needs to reclaim $0.0085 and start breaking the lower-high structure.
No reason to anticipate a reversal yet. Let buyers prove themselves first. 🔍
is showing clear signs of weakness after its initial explosive move. 📉
Price failed to sustain the breakout and is now forming lower highs, with selling pressure pushing it back toward the $0.0065–$0.0067 area.
The short-term structure is turning bearish. The previous spike toward $0.021 was rejected hard, and buyers have struggled to regain control since then.
Levels to watch:
$0.0065 — immediate support
$0.0080–$0.0085 — first resistance zone
$0.0100–$0.0110 — next major reclaim area
$0.0130–$0.0150 — upper resistance and trendline zone
If $0.0065 gives way, further downside is possible. For a bullish shift, JCT needs to reclaim $0.0085 and start breaking the lower-high structure.
No reason to anticipate a reversal yet. Let buyers prove themselves first. 🔍
