$JCT : Resistance Rejection Keeps the Bearish Setup in Play
$JCT has yet to break above resistance, leaving room for a potential pullback. Traders may watch for a SHORT opportunity near $0.0073, provided sellers remain in control.
Trade Setup
- Direction: SHORT
- Entry: $0.0073
- Take Profit 1: $0.0050
- Take Profit 2: $0.0040
- Stop Loss: $0.0083
Reversal Watch: If price reaches the $0.0050–$0.0040 zone and shows a clear bullish reaction, a LONG setup could become interesting.
Confirmation matters. If JCT breaks above resistance, the short thesis weakens. Manage risk and avoid chasing price.
#Write2Earn #Binance #Crypto
$JCT has yet to break above resistance, leaving room for a potential pullback. Traders may watch for a SHORT opportunity near $0.0073, provided sellers remain in control.
Trade Setup
- Direction: SHORT
- Entry: $0.0073
- Take Profit 1: $0.0050
- Take Profit 2: $0.0040
- Stop Loss: $0.0083
Reversal Watch: If price reaches the $0.0050–$0.0040 zone and shows a clear bullish reaction, a LONG setup could become interesting.
Confirmation matters. If JCT breaks above resistance, the short thesis weakens. Manage risk and avoid chasing price.
#Write2Earn #Binance #Crypto