🚨 $JCT — BIG BOUNCE INCOMING OR ANOTHER BULL TRAP?
After a brutal sell-off, buyers are finally fighting back.
$JCT has bounced from $0.0049, and the 24-hour liquidation heatmap reveals some interesting targets.
🎯 Upside Liquidity Targets:
* $0.0077–$0.0079: First short liquidation zone.
* $0.0085–$0.0088: Next major liquidity cluster.
If $0.0071 holds, another push higher could trigger a short squeeze.
⚠️ But here’s the hidden danger:
Significant long liquidation liquidity remains below $0.0060, particularly around $0.0050.
Market makers could target either side before the next major move.
My outlook: Short-term bullish above $0.0071, but I won’t call this a confirmed reversal until $JCT reclaims $0.0085.
🔥 A relief rally is not the same as a trend reversal. Don’t confuse the two.
After a brutal sell-off, buyers are finally fighting back.
$JCT has bounced from $0.0049, and the 24-hour liquidation heatmap reveals some interesting targets.
🎯 Upside Liquidity Targets:
* $0.0077–$0.0079: First short liquidation zone.
* $0.0085–$0.0088: Next major liquidity cluster.
If $0.0071 holds, another push higher could trigger a short squeeze.
⚠️ But here’s the hidden danger:
Significant long liquidation liquidity remains below $0.0060, particularly around $0.0050.
Market makers could target either side before the next major move.
My outlook: Short-term bullish above $0.0071, but I won’t call this a confirmed reversal until $JCT reclaims $0.0085.
🔥 A relief rally is not the same as a trend reversal. Don’t confuse the two.
