$JCT has pulled back significantly from its $0.021 ATH, and the 1-hour support at $0.0084 is starting to look vulnerable.
If sellers maintain momentum and we fail to reclaim $0.009, the next logical downside target rests near $0.070. On the flip side, getting back above $0.009 invalidates the immediate bearish thesis and opens the door for a relief bounce. I'm only eyeing the $0.0060 level if the bulls completely lose this range.
Given the high-risk nature of this setup, keep your position size small and use a tight stop-loss. Don't chase the move or over-leverage manage risk strictly. I warn you must Protect Your Capital 🔥
$IDOL
$AIN
If sellers maintain momentum and we fail to reclaim $0.009, the next logical downside target rests near $0.070. On the flip side, getting back above $0.009 invalidates the immediate bearish thesis and opens the door for a relief bounce. I'm only eyeing the $0.0060 level if the bulls completely lose this range.
Given the high-risk nature of this setup, keep your position size small and use a tight stop-loss. Don't chase the move or over-leverage manage risk strictly. I warn you must Protect Your Capital 🔥
$IDOL
$AIN
