$JCT is taking a serious beating! 🔻🔥
I'm watching JCTUSDT after a brutal 38.81% drop to $0.003320. Price crashed from the 24H high of $0.005520 to a low of $0.002707 before attempting a small recovery.
The volume is massive: 70.38B JCT traded, worth $249.28M USDT. That's a lot of activity during a heavy selloff.
On the 4H chart, Supertrend remains bearish at $0.005464, while MACD is still negative (DIF -0.000465, DEA -0.000317, MACD -0.000148).
I'm watching $0.002707 as critical support. Buyers have managed a bounce, but the latest red candle shows resistance is still present. A recovery toward $0.003482 would be an early sign of improving momentum.
I'm not rushing into this one. I want to see buyers defend support and reclaim resistance before trusting a reversal.
Is JCT building a recovery base, or is this bounce just a pause before another selloff? 👀
I'm watching JCTUSDT after a brutal 38.81% drop to $0.003320. Price crashed from the 24H high of $0.005520 to a low of $0.002707 before attempting a small recovery.
The volume is massive: 70.38B JCT traded, worth $249.28M USDT. That's a lot of activity during a heavy selloff.
On the 4H chart, Supertrend remains bearish at $0.005464, while MACD is still negative (DIF -0.000465, DEA -0.000317, MACD -0.000148).
I'm watching $0.002707 as critical support. Buyers have managed a bounce, but the latest red candle shows resistance is still present. A recovery toward $0.003482 would be an early sign of improving momentum.
I'm not rushing into this one. I want to see buyers defend support and reclaim resistance before trusting a reversal.
Is JCT building a recovery base, or is this bounce just a pause before another selloff? 👀
