Funding flow tracking:
$JCT 15-minute surge of +5.97%, current price 0.006478, 24-hour trading volume $565 million.
A breakdown of the fund flows:
· The gains were concentrated in just 15 minutes, suggesting concentrated buying pressure
· The 24-hour change is still -16.32%, pointing toward short covering
· Next, watch to see whether large orders follow through; if they don’t, gains could easily be given back
Save this for comparison later.
$JCT 15-minute surge of +5.97%, current price 0.006478, 24-hour trading volume $565 million.
A breakdown of the fund flows:
· The gains were concentrated in just 15 minutes, suggesting concentrated buying pressure
· The 24-hour change is still -16.32%, pointing toward short covering
· Next, watch to see whether large orders follow through; if they don’t, gains could easily be given back
Save this for comparison later.
