$JCT broke above the 0.01 threshold, with the current price at 0.01055.
Around key price levels, I usually look at three things:
① Close: An intraday touch doesn’t count; it’s a valid breakout only if the entire candlestick closes above 0.01;
② Pullback: Can it hold around 0.01 on a pullback? If it does, that confirms the role reversal;
③ Volume: Did trading volume increase during the breakout? A breakout on lower volume is more likely to be false.
Around key price levels, I usually look at three things:
① Close: An intraday touch doesn’t count; it’s a valid breakout only if the entire candlestick closes above 0.01;
② Pullback: Can it hold around 0.01 on a pullback? If it does, that confirms the role reversal;
③ Volume: Did trading volume increase during the breakout? A breakout on lower volume is more likely to be false.
