$JCT has fallen below the 0.0047 level, with the current price at 0.004602.
Near key price levels, I usually look at three things:
① Holding steady: An intraday dip below doesn’t count; it’s a confirmed break only if the close is below 0.0047.
② Retest: Can it get back above 0.0047 after bouncing? If it can’t, that counts as a role reversal.
③ Volume: Did trading volume pick up during the break? Breaks on low volume are more likely to be reversed.
#JCT
Near key price levels, I usually look at three things:
① Holding steady: An intraday dip below doesn’t count; it’s a confirmed break only if the close is below 0.0047.
② Retest: Can it get back above 0.0047 after bouncing? If it can’t, that counts as a role reversal.
③ Volume: Did trading volume pick up during the break? Breaks on low volume are more likely to be reversed.
#JCT