$JCT minutes down 5%, current price 0.002707. Two possible scenarios next:
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound is weak and it breaks below the 24h low of 0.002179 → weakness may continue
Personally, I’ll wait to see how strong the stabilization signal is before drawing any conclusions. What kind of confirmation are you waiting for before entering?
#JCT
NFA. Do your own research.
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound is weak and it breaks below the 24h low of 0.002179 → weakness may continue
Personally, I’ll wait to see how strong the stabilization signal is before drawing any conclusions. What kind of confirmation are you waiting for before entering?
#JCT
NFA. Do your own research.