$JCT is showing a bearish continuation setup after a sharp 24-hour decline of approximately 18%. Sellers remain active, with futures order flow showing selling pressure and price trading near the $0.00465 support zone.
EP: $0.00485–$0.00495 (Short)
TP1: $0.00465
TP2: $0.00447
TP3: $0.00436
SL: $0.00508
The recent decline suggests buyers have not yet established a convincing recovery. A rejection around $0.00495 could attract further selling toward nearby liquidity below $0.00465. A sustained reclaim above $0.00508 invalidates this short setup.
EP: $0.00485–$0.00495 (Short)
TP1: $0.00465
TP2: $0.00447
TP3: $0.00436
SL: $0.00508
The recent decline suggests buyers have not yet established a convincing recovery. A rejection around $0.00495 could attract further selling toward nearby liquidity below $0.00465. A sustained reclaim above $0.00508 invalidates this short setup.