Low-volume bounce against the broader bearish trend? Sellers may be preparing for another move down.
Opening a short position on $JCT
Entry Zone: 0.004391 – 0.004413
Take Profit 1: 0.00410
Take Profit 2: 0.00390
Stop Loss: 0.00455
Watch out: A continued expansion in 15M momentum could trigger a short-term squeeze higher, so confirmation is key.
$JCT
#BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #BinanceHourlyDepositsExceedWithdrawals #USMidtermElections #USOctoberNFP-AreRateCutsStillPossible
Opening a short position on $JCT
Entry Zone: 0.004391 – 0.004413
Take Profit 1: 0.00410
Take Profit 2: 0.00390
Stop Loss: 0.00455
Watch out: A continued expansion in 15M momentum could trigger a short-term squeeze higher, so confirmation is key.
$JCT
#BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #BinanceHourlyDepositsExceedWithdrawals #USMidtermElections #USOctoberNFP-AreRateCutsStillPossible
