📉 $JCT ｜Is the rebound an opportunity, or just a breather for the bears?
JCT has continued to pull back from its highs. Although it has stabilized somewhat in the short term, the overall bearish structure remains unchanged.
📊 Technical analysis:
🔻 Clear resistance from the 1H and 4H moving averages; rebound momentum is insufficient
🔻 MACD momentum is weak, and the rise lacks staying power
🔻 Heavy overhead supply means the rebound is likely to face selling pressure
🎯 Key levels to watch:
Resistance: 0.0060 / 0.0063 / 0.0066
Downside targets: 0.0055 → 0.0052 → 0.0048
Unless it can firmly reclaim 0.0063, the bias is for a further decline after the rebound.
Beware of a second sell-off.
#JCTUSDT
JCT has continued to pull back from its highs. Although it has stabilized somewhat in the short term, the overall bearish structure remains unchanged.
📊 Technical analysis:
🔻 Clear resistance from the 1H and 4H moving averages; rebound momentum is insufficient
🔻 MACD momentum is weak, and the rise lacks staying power
🔻 Heavy overhead supply means the rebound is likely to face selling pressure
🎯 Key levels to watch:
Resistance: 0.0060 / 0.0063 / 0.0066
Downside targets: 0.0055 → 0.0052 → 0.0048
Unless it can firmly reclaim 0.0063, the bias is for a further decline after the rebound.
Beware of a second sell-off.
#JCTUSDT