$JCT has experienced a massive bullish breakout from its previous consolidation near 0.0025–0.0035. Price surged toward 0.0145 before experiencing a sharp correction. Buyers stepped back in around 0.0090–0.0100, pushing price toward 0.0140 again. However, the latest candle shows rejection, with price currently trading at 0.012803.
This is a high-volatility market where confirmation is essential.
Current Price: 0.012803 (visible)
Direction: WAIT FOR CONFIRMATION — Potential LONG
Entry Zone: 0.011800–0.012200 (proposed pullback zone)
TP1: 0.013500
TP2: 0.014200
TP3: 0.014800
Stop Loss: 0.011200
Support: 0.012000 / 0.011000 / 0.009500
Resistance: 0.013500 / 0.014000 / 0.014500
Execution Plan: Watch the 0.011800–0.012200 zone for signs of buying pressure. A successful hold followed by a reclaim of 0.013500 would strengthen the bullish continuation setup. If price fails to hold support, avoid forcing a LONG position. A breakdown below 0.011200 invalidates this proposed setup.
$JCT