Esam_Trading

Good morning traders🌞

Every candle is a new opportunity.
Every loss is tuition.
Every win is proof that discipline compounds.

Markets don’t care about your feelings but they reward those who stay consistent, protect capital, and keep showing up.
Trade the plan.
Respect the risk.
Let the process do the heavy lifting.
Today is another chance to get better.
$AIN $ONE $ZEC

$NEAR we are still in this trade. While BTC dumped from 80,000 to the 75,000 zone. Near still held above the descending channel's lower trendline. A short squeeze would be likely on NEAR.

$CYBER looks strong on daily and isn't giving us the chance for dips to ape into it. Break of this megaphone pattern will likely add more momentum into it. Watch closely for the breakout on smaller timeframe on 1H candle above the upper resistance zone of the pattern and then entry at market value would be desirable.

$JCT PUMPED 492% IN ONE WEEK!

👉What makes $JCT special?

It is the native token of Janction, an open-web resource sharing platform that supports your AI products. Janction provides services for sharing resources, including photos, storage, and processing power. Janction allows you to lease and hire a variety of service resources.

👉What caused the huge pump?

1-Widespread consumer interest in stories about AI and DePIN (decentralized physical infrastructure)

2-Described as primarily trading-driven and reflexive (short covering, liquidations, high volume exceeding market cap).

3-DWF Labs, Cogitent Ventures, MH Ventures, YBB, Waterdrip Capital, and Web3Labs were among the investors in the seed round.

4-Price action is primarily driven by narrative, and the product itself is still seen as unproven.

TECHNICAL ANALYSIS:

We need a weekly closure above 0.12636 for continuation to the upside and ATH price discovery.

On higher timeframe (1D), price has broken the key resistance zone (0.008376-0.007590). Now what I want is to price give us a S/R flip of that zone. I'll be looking for adding positions to long in the previous resistance zone.

1H tells us that we are at a resistance zone for now (0.015041-0.013481). RSI is in overbought zone, will be careful longing at the current resistance zone.

For short perspective, I would look for any deviations above the 1H resistance zone and then back below it and target back to the buying zone.