$JCT (Short squeeze heating up — ~$754K in short liquidations)
JCT has made a sharp move, with the 15m chart showing a wick up to $0.008596 before pulling back. Recent aggregated derivatives data recorded roughly $973K in 24h liquidations, including around $754K in shorts. Momentum is interesting, but I wouldn’t chase this move here. I’m watching for a clean retest of support before considering a long.
Strategy: 15m Pullback & Breakout Retest
Buy Zone: $0.00760 – $0.00778
TG1: $0.00810
TG2: $0.00835
TG3: $0.00858
Stop Loss: $0.00738
Notes: Let price come to the zone instead of chasing a green candle. I want to see buyers defend support and a solid 15m candle close back above the entry area. If price loses $0.00738, the setup is invalidated. JCT is volatile, so keep leverage low and protect your capital. No entry if the pullback never comes.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #EarningsSeason
JCT has made a sharp move, with the 15m chart showing a wick up to $0.008596 before pulling back. Recent aggregated derivatives data recorded roughly $973K in 24h liquidations, including around $754K in shorts. Momentum is interesting, but I wouldn’t chase this move here. I’m watching for a clean retest of support before considering a long.
Strategy: 15m Pullback & Breakout Retest
Buy Zone: $0.00760 – $0.00778
TG1: $0.00810
TG2: $0.00835
TG3: $0.00858
Stop Loss: $0.00738
Notes: Let price come to the zone instead of chasing a green candle. I want to see buyers defend support and a solid 15m candle close back above the entry area. If price loses $0.00738, the setup is invalidated. JCT is volatile, so keep leverage low and protect your capital. No entry if the pullback never comes.
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #EarningsSeason
