$JCT / USDT – Short Sellers Face a Possible Squeeze
JCT recorded a $1.8698K short liquidation at $0.00622. This indicates that some bearish positions were forced to close, potentially offering buyers a temporary advantage. Because liquidation events can be brief, confirmation from volume and price action remains essential.
Potential Entry Zone: $0.00615–$0.00624
Upside Targets: $0.00632 / $0.00645
Downside Targets: $0.00608 / $0.00598
Protective Stop-Loss: Below $0.00606 for a long setup
Short-Term Bias: Neutral to cautiously bullish
Holding above $0.00622 may support a continuation move. A loss of support could erase the short-term bullish momentum.
#BinancePick
#EarningsSeason
JCT recorded a $1.8698K short liquidation at $0.00622. This indicates that some bearish positions were forced to close, potentially offering buyers a temporary advantage. Because liquidation events can be brief, confirmation from volume and price action remains essential.
Potential Entry Zone: $0.00615–$0.00624
Upside Targets: $0.00632 / $0.00645
Downside Targets: $0.00608 / $0.00598
Protective Stop-Loss: Below $0.00606 for a long setup
Short-Term Bias: Neutral to cautiously bullish
Holding above $0.00622 may support a continuation move. A loss of support could erase the short-term bullish momentum.
#BinancePick
#EarningsSeason