🚨 $JCT Drops Nearly 30% – Is a Recovery Starting or Is More Downside Coming?
$JCT (Junction) is having a wild trading session!
After an impressive rally over the past week, the token is now facing serious selling pressure.
Here's what the Binance chart shows:
📉 Current Price: $0.009172
🔴 24H Change: -29.75%
📈 24H High: $0.021344
📉 24H Low: $0.007370
But there's something interesting happening.
After falling to $0.007370, JCT started showing some buying activity. On the 15-minute chart, the latest candles are moving upward, with the price now above the MA(7) and MA(25).
However, it's still below the MA(99), so the recovery isn't confirmed yet.
What I'm watching:
- $0.0093 – a nearby resistance area.
- $0.0086 – an important nearby support area.
- $0.0106 – the MA(99) level to watch.
After such a sharp drop, will buyers step in and push JCT higher, or is this just a temporary bounce?
What's your view? Recovery or another dip? 👇
#JCT #Junction #CryptoNews
$JCT (Junction) is having a wild trading session!
After an impressive rally over the past week, the token is now facing serious selling pressure.
Here's what the Binance chart shows:
📉 Current Price: $0.009172
🔴 24H Change: -29.75%
📈 24H High: $0.021344
📉 24H Low: $0.007370
But there's something interesting happening.
After falling to $0.007370, JCT started showing some buying activity. On the 15-minute chart, the latest candles are moving upward, with the price now above the MA(7) and MA(25).
However, it's still below the MA(99), so the recovery isn't confirmed yet.
What I'm watching:
- $0.0093 – a nearby resistance area.
- $0.0086 – an important nearby support area.
- $0.0106 – the MA(99) level to watch.
After such a sharp drop, will buyers step in and push JCT higher, or is this just a temporary bounce?
What's your view? Recovery or another dip? 👇
#JCT #Junction #CryptoNews
