🚀 $JCT /USDT | Is Junction Preparing for Another Breakout?
After gaining more than 80% in 24 hours, JCT has caught traders' attention. Technically, the trend is bullish on both the 15-minute and 4-hour charts, accompanied by increased trading volume. However, buying after such a strong move could be risky.
🎯$JCT LONG Entry Strategy: 🟢 First entry: 0.00600 – 0.00630 🟢 Second entry: 0.00540 – 0.00570 🛑 Stop Loss: 0.00565 for the first entry and 0.00505 for the second.
💰 Take-Profit Targets: • TP1: 0.00720 • TP2: 0.00780 • TP3: 0.00850 • TP4: 0.00910
⚡ Breakout Scenario: Holding above 0.00730 after a successful retest could open the way toward 0.00790 and then 0.00850.
🔴 SHORT Scenario: A break below 0.00600 followed by a failed retest could open the way toward 0.00570, 0.00540, and 0.00485.
🔥 My View: I prefer waiting for a pullback and confirmation of a rebound rather than chasing the price after its strong rally. Risk management is essential, and the suggested risk should not exceed 1% of trading capital.
#JCT #BinanceFutures #CryptoTrading.
After gaining more than 80% in 24 hours, JCT has caught traders' attention. Technically, the trend is bullish on both the 15-minute and 4-hour charts, accompanied by increased trading volume. However, buying after such a strong move could be risky.
🎯$JCT LONG Entry Strategy: 🟢 First entry: 0.00600 – 0.00630 🟢 Second entry: 0.00540 – 0.00570 🛑 Stop Loss: 0.00565 for the first entry and 0.00505 for the second.
💰 Take-Profit Targets: • TP1: 0.00720 • TP2: 0.00780 • TP3: 0.00850 • TP4: 0.00910
⚡ Breakout Scenario: Holding above 0.00730 after a successful retest could open the way toward 0.00790 and then 0.00850.
🔴 SHORT Scenario: A break below 0.00600 followed by a failed retest could open the way toward 0.00570, 0.00540, and 0.00485.
🔥 My View: I prefer waiting for a pullback and confirmation of a rebound rather than chasing the price after its strong rally. Risk management is essential, and the suggested risk should not exceed 1% of trading capital.
#JCT #BinanceFutures #CryptoTrading.
