$JCT : Long Setup
JCT has faded almost the entire pump and is back at the 0.0047–0.0050 base where buyers stepped in before. I'm only interested in a bounce from this support, with a tight stop below it.
Entry: 0.004850 – 0.005000 (after a 1H candle holds above 0.00495)
Stop-loss: 0.004650
TP1: 0.005400
TP2: 0.005800
TP3: 0.006500
Reason: The 0.0047–0.0050 base has held on several earlier tests, RSI is 41 (not stretched), and the 1H MA9 (about 0.0058) is a natural bounce target. The risk is small compared to the upside.
⚠️ This is a counter-trend bounce after a lower high, so I keep size small.
A 1H close below 0.004650 invalidates this idea and I will step aside.
Personal view, not financial advice. DYOR.
Follow for more clean, simple trade setups.
#JCT #TradingStrategies💼💰 #Binance
JCT has faded almost the entire pump and is back at the 0.0047–0.0050 base where buyers stepped in before. I'm only interested in a bounce from this support, with a tight stop below it.
Entry: 0.004850 – 0.005000 (after a 1H candle holds above 0.00495)
Stop-loss: 0.004650
TP1: 0.005400
TP2: 0.005800
TP3: 0.006500
Reason: The 0.0047–0.0050 base has held on several earlier tests, RSI is 41 (not stretched), and the 1H MA9 (about 0.0058) is a natural bounce target. The risk is small compared to the upside.
⚠️ This is a counter-trend bounce after a lower high, so I keep size small.
A 1H close below 0.004650 invalidates this idea and I will step aside.
Personal view, not financial advice. DYOR.
Follow for more clean, simple trade setups.
#JCT #TradingStrategies💼💰 #Binance
