SHORT TRADE SETUP — $JCT /USDT
🎯 Entry: $0.00475 – $0.00485
TP1: $0.00430
TP2: $0.00395
TP3: $0.00350
🛑 Stop Loss: $0.00542
Reason:
• Price is facing strong resistance near local highs after a sharp impulsive rally, showing signs of exhaustion.
• Rejection candles forming around the upper boundary suggest sellers are stepping in to defend the zone.
• Lower timeframe momentum is starting to roll over, hinting at a potential retracement toward key support levels.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.
🎯 Entry: $0.00475 – $0.00485
TP1: $0.00430
TP2: $0.00395
TP3: $0.00350
🛑 Stop Loss: $0.00542
Reason:
• Price is facing strong resistance near local highs after a sharp impulsive rally, showing signs of exhaustion.
• Rejection candles forming around the upper boundary suggest sellers are stepping in to defend the zone.
• Lower timeframe momentum is starting to roll over, hinting at a potential retracement toward key support levels.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.