$JCT / Janction
$JCT is currently transitioning from short-term accumulation into momentum expansion after reclaiming the 0.00310–0.00320 demand region; intraday structure now favors a buy-the-dip continuation approach while momentum remains one-sided.
Trading Plan — LONG
Entry: 0.00345 – 0.00358
Stop loss: 0.00308 (Below reclaimed structure and demand invalidation)
Targets: 0.00385 ⇢ 0.00410 ⇢ 0.00445 ⇢ 0.00480
Technical
The market has cleanly shifted from compression into expansion after breaking prior lower-high structure around 0.00310. Current candles show aggressive follow-through with minimal retracement, confirming active demand participation rather than passive short covering. Price is now trading above reclaimed intraday supply, while recent consolidation beneath 0.00320 has effectively flipped into support.
The continuation thesis remains valid as long as price holds above the 0.00330–0.00320 support band on a 4H closing basis. A decisive breakdown and acceptance back below 0.00308 would invalidate the current momentum structure and suggest the breakout was merely a liquidity sweep rather than genuine continuation.
Short-term bias remains constructive, but chasing vertical expansion without pullback confirmation significantly deteriorates R:R. Risk remains acceptable only on controlled retracement entries into reclaimed demand.
⇢ Trade $JCT 👇
