$JCT ran +92% and this is what the structure shows right now 👇
A 363% surge in 3 days put it up 92% on the day, so I took a closer look at the structure.
Look at what happened around 0.00825: JCT got through by just 5.7%, tagged 0.008722 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.003891. Nobody's touched it since the $JCT pullback (68% of the leg), so it's the obvious magnet. A move above 0.008722 proves me wrong.
📌 My JCT trade: short from 0.00841, stop at 0.01067, target 0.003891 (+53.7%, 1:2)
📊 24h Vol: $280M | 24h Chg: +91.8% | Funding: +0.0977%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#JCT #Analysis #Trading
A 363% surge in 3 days put it up 92% on the day, so I took a closer look at the structure.
Look at what happened around 0.00825: JCT got through by just 5.7%, tagged 0.008722 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.003891. Nobody's touched it since the $JCT pullback (68% of the leg), so it's the obvious magnet. A move above 0.008722 proves me wrong.
📌 My JCT trade: short from 0.00841, stop at 0.01067, target 0.003891 (+53.7%, 1:2)
📊 24h Vol: $280M | 24h Chg: +91.8% | Funding: +0.0977%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#JCT #Analysis #Trading
