🐋 $JCT sets a 30-day new high, and the funding looks rather firm.
Current price is 0.002631, breaking the previous high of 0.002176, with a 24h trading volume of $23.74 million.
Near new highs, it’s usually where short-position stop-losses are densely placed. Once price holds above that level, it can easily trigger a short squeeze; but you should also watch for a spike-and-retrace.
This article is for reference only and does not constitute investment advice.
Current price is 0.002631, breaking the previous high of 0.002176, with a 24h trading volume of $23.74 million.
Near new highs, it’s usually where short-position stop-losses are densely placed. Once price holds above that level, it can easily trigger a short squeeze; but you should also watch for a spike-and-retrace.
This article is for reference only and does not constitute investment advice.