๐จ $JCT BREAKS 20-CANDLE FLOOR AS MOVING AVERAGES ALIGN FOR A FLUSH! ๐
Entry: 0.001754 โก
Target: 0.00160015 ๐ฏ
Stop Loss: 0.00187708 ๐
Sellers are commanding the tape on $JCT as the 20, 50, and 200 EMAs lock into textbook bearish alignment. ๐ The clean breakdown beneath the 20-candle range is backed by volume expanding 1.16x above average, while the negative MACD histogram signals deepening downside pressure. ๐
With RSI pressing down into 32.0, distribution is accelerating into thin bids below structure. โก As long as price stays suppressed beneath the trend EMAs, the path of least resistance remains tilted heavily downward.
๐ค Are you taking the short continuation here or waiting for a relief retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #JCT #ShortSetup #Bearish #Crypto #Altcoins
๐ฏ ๐ป
Entry: 0.001754 โก
Target: 0.00160015 ๐ฏ
Stop Loss: 0.00187708 ๐
Sellers are commanding the tape on $JCT as the 20, 50, and 200 EMAs lock into textbook bearish alignment. ๐ The clean breakdown beneath the 20-candle range is backed by volume expanding 1.16x above average, while the negative MACD histogram signals deepening downside pressure. ๐
With RSI pressing down into 32.0, distribution is accelerating into thin bids below structure. โก As long as price stays suppressed beneath the trend EMAs, the path of least resistance remains tilted heavily downward.
๐ค Are you taking the short continuation here or waiting for a relief retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #JCT #ShortSetup #Bearish #Crypto #Altcoins
๐ฏ ๐ป