🔥 Update $JCT
Reached major support, and RSI is nearing oversold territory
Current price: $0.002222
Change: +18.76%
High: $0.002844
Low: $0.001805
Trading volume: $123.11M
From $0.002844 to $0.002222 = down 21.8% from the high 📉
📊 SuperTrend: $0.002471 = price is below it = trend is still bearish 🔴
📊 RSI: 38.64 = nearing oversold at 30 = sellers are exhausted; a bounce may be near
📊 A bear trap formed below $0.002046 and price moved back above it = buyers are still present
✅ Break above $0.002471 = reversal, target $0.002844
⛔ Break below $0.002046 = real collapse, target $0.001805
⚠️ Don't enter in the middle. Wait: if support breaks and the trendline breaks, the decline will continue.
If it moves sideways within the channel, it's in a bullish accumulation phase, and a bounce may be near.
#JCT
#Crypto
#JCTUSD
Reached major support, and RSI is nearing oversold territory
Current price: $0.002222
Change: +18.76%
High: $0.002844
Low: $0.001805
Trading volume: $123.11M
From $0.002844 to $0.002222 = down 21.8% from the high 📉
📊 SuperTrend: $0.002471 = price is below it = trend is still bearish 🔴
📊 RSI: 38.64 = nearing oversold at 30 = sellers are exhausted; a bounce may be near
📊 A bear trap formed below $0.002046 and price moved back above it = buyers are still present
✅ Break above $0.002471 = reversal, target $0.002844
⛔ Break below $0.002046 = real collapse, target $0.001805
⚠️ Don't enter in the middle. Wait: if support breaks and the trendline breaks, the decline will continue.
If it moves sideways within the channel, it's in a bullish accumulation phase, and a bounce may be near.
#JCT
#Crypto
#JCTUSD
