🚨 $JCT — Are we on the verge of a strong rebound or another bull trap?
After a harsh sell-off, buyers are finally starting to push back.
$JCT bounced from $0.0049, and the 24-hour liquidation heatmap reveals some interesting targets.
🎯 Bullish liquidity targets:
* $0.0077–$0.0079: First zone for liquidating short positions.
* $0.0085–$0.0088: Next major liquidity cluster.
If $0.0071 holds, another rally could put pressure on short positions.
⚠️ But here's the hidden risk:
There is still significant liquidity for liquidating long positions below $0.0060, especially around $0.0050.
Market makers could target either side before the next major move.
My outlook: Short-term bullish above $0.0071, but I wouldn't consider this a confirmed reversal until $JCT reclaims $0.0085.
🔥 A corrective bounce is not the same as a trend reversal. Don't confuse the two.
After a harsh sell-off, buyers are finally starting to push back.
$JCT bounced from $0.0049, and the 24-hour liquidation heatmap reveals some interesting targets.
🎯 Bullish liquidity targets:
* $0.0077–$0.0079: First zone for liquidating short positions.
* $0.0085–$0.0088: Next major liquidity cluster.
If $0.0071 holds, another rally could put pressure on short positions.
⚠️ But here's the hidden risk:
There is still significant liquidity for liquidating long positions below $0.0060, especially around $0.0050.
Market makers could target either side before the next major move.
My outlook: Short-term bullish above $0.0071, but I wouldn't consider this a confirmed reversal until $JCT reclaims $0.0085.
🔥 A corrective bounce is not the same as a trend reversal. Don't confuse the two.
