$JCT long — Capitulation bounce, targeting MA(7) resistance 🚀
JCT has experienced a massive sell-off, retracing nearly 90% from its recent highs down to the $0.0018 support zone. However, the order book is now showing a massive 62% buy wall, indicating buyers are stepping in to catch the bottom. A clean 1H close above the $0.00205 resistance will confirm the relief bounce.
Entry: 1H close above $0.00205
SL: Below $0.00180 (Under the 24h low)
Target 1: $0.00220
Target 2: $0.00250 (MA 25 zone)
If $0.00180 breaks down, the setup is invalid — cut your losses immediately.
$JCT
DYOR. NFA. High volatility, catching a falling knife is extremely risky. Use strict risk management.
#JCT #Janction #TradeIdea #TradingPsychology
JCT has experienced a massive sell-off, retracing nearly 90% from its recent highs down to the $0.0018 support zone. However, the order book is now showing a massive 62% buy wall, indicating buyers are stepping in to catch the bottom. A clean 1H close above the $0.00205 resistance will confirm the relief bounce.
Entry: 1H close above $0.00205
SL: Below $0.00180 (Under the 24h low)
Target 1: $0.00220
Target 2: $0.00250 (MA 25 zone)
If $0.00180 breaks down, the setup is invalid — cut your losses immediately.
$JCT
DYOR. NFA. High volatility, catching a falling knife is extremely risky. Use strict risk management.
#JCT #Janction #TradeIdea #TradingPsychology