$JCT hours down 7.44%, currently at 0.007065. Two possible scenarios next:
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound lacks strength and it breaks below the 24h low of 0.005939 → the downtrend is likely to continue
Personally, I’ll wait to see how the first rebound plays out before drawing a conclusion. Which signal do you trust more?
#JCT
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound lacks strength and it breaks below the 24h low of 0.005939 → the downtrend is likely to continue
Personally, I’ll wait to see how the first rebound plays out before drawing a conclusion. Which signal do you trust more?
#JCT
