🚨 $JCT Rejection Zone Test Short Opportunity
JCT is showing signs of weakness on the chart. On the 1-hour and 4-hour timeframes, price faced a sharp rejection from the resistance zone around $0.00522.
Buyers seem to be losing momentum, and the candles are forming lower highs. If bearish momentum continues, this area could offer a potential short opportunity.
🔻 Short Trade Setup:
EP: $0.0045 – $0.0047
SL: $0.0056
TP1: $0.0039
TP2: $0.0035
TP3: $0.0030
JCT is showing signs of weakness on the chart. On the 1-hour and 4-hour timeframes, price faced a sharp rejection from the resistance zone around $0.00522.
Buyers seem to be losing momentum, and the candles are forming lower highs. If bearish momentum continues, this area could offer a potential short opportunity.
🔻 Short Trade Setup:
EP: $0.0045 – $0.0047
SL: $0.0056
TP1: $0.0039
TP2: $0.0035
TP3: $0.0030