🔴 $JCT /USDT · Bias: SHORT
A short bias needs a rejection close under 0.0058 after a probe of the 0.0059 supply edge.
Entry: 0.0058 – 0.0059
TP1: 0.0057 (-2.6%)
TP2: 0.0056 (-4.3%)
TP3: 0.0055 (-6.0%)
SL: 0.006 (+2.6%)
Why: A failed push into 0.0059 followed by a close beneath 0.0058 would confirm sellers still control the retest.
Risk: A clean break and hold above 0.0059 would invalidate the fade and invite a squeeze.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you fade the first probe of 0.0059 or wait for a close under 0.0058?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
A short bias needs a rejection close under 0.0058 after a probe of the 0.0059 supply edge.
Entry: 0.0058 – 0.0059
TP1: 0.0057 (-2.6%)
TP2: 0.0056 (-4.3%)
TP3: 0.0055 (-6.0%)
SL: 0.006 (+2.6%)
Why: A failed push into 0.0059 followed by a close beneath 0.0058 would confirm sellers still control the retest.
Risk: A clean break and hold above 0.0059 would invalidate the fade and invite a squeeze.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you fade the first probe of 0.0059 or wait for a close under 0.0058?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
