🚀 JCTUSDT Setup / Perpetual Futures
After a powerful pump to 0.004659, the price corrected/stalled and is now trading around 0.004655. The asset is heavily overbought on higher timeframes, but aggressive upward movement continues on the 15-minute chart. We’re looking to catch a continuation of the momentum or a local pullback.
Entry (Long): 0.004300–0.004650 (current levels; enter cautiously)
Take profit: 0.005200 → 0.005800 (expecting local highs to be broken)
Stop loss: 0.003500 (with a buffer below the Supertrend line at 0.003603)
Rationale:
A massive spike in volume has been observed (over 374 million USDT in 24 hours), and the OBV indicator is moving steadily upward, confirming buyers’ strength. The price has established itself well above the Supertrend line. I expect current positions to hold and a second wave of upward momentum.
Manage your risk and don’t use excessive leverage!
#JCT $JCT
After a powerful pump to 0.004659, the price corrected/stalled and is now trading around 0.004655. The asset is heavily overbought on higher timeframes, but aggressive upward movement continues on the 15-minute chart. We’re looking to catch a continuation of the momentum or a local pullback.
Entry (Long): 0.004300–0.004650 (current levels; enter cautiously)
Take profit: 0.005200 → 0.005800 (expecting local highs to be broken)
Stop loss: 0.003500 (with a buffer below the Supertrend line at 0.003603)
Rationale:
A massive spike in volume has been observed (over 374 million USDT in 24 hours), and the OBV indicator is moving steadily upward, confirming buyers’ strength. The price has established itself well above the Supertrend line. I expect current positions to hold and a second wave of upward momentum.
Manage your risk and don’t use excessive leverage!
#JCT $JCT