$JCT — Bearish
Price pushed up earlier but failed to hold the highs around 0.00214–0.00216. After that rejection, sellers stepped in aggressively and the structure shifted downward. The latest candles show strong downside momentum with a liquidity sweep below short-term lows near 0.00198, confirming bearish pressure.
Market Structure
Lower highs started forming after the rejection at 0.00214 and momentum flipped bearish. The market broke the intraday support around 0.00204, which triggered sell pressure and liquidity grabs below 0.00200. The sharp red candles show sellers controlling the move while buyers are still weak.
Entry Point
1. I'm watching a short entry around 0.00202 – 0.00205 if price pulls back to this broken support area.
Target Points
1. TP1: 0.00196
2. TP2: 0.00192
3. TP3: 0.00188
Stop Loss
0.00211 above the recent rejection zone.
How it’s Possible
The breakdown below 0.00204 flipped structure bearish and trapped late buyers. If price retraces into the broken support, sellers are likely to defend that level again. Liquidity sitting below 0.00198 has already started getting tapped, and further downside is possible as momentum continues favoring sellers.
#JCT
Price pushed up earlier but failed to hold the highs around 0.00214–0.00216. After that rejection, sellers stepped in aggressively and the structure shifted downward. The latest candles show strong downside momentum with a liquidity sweep below short-term lows near 0.00198, confirming bearish pressure.
Market Structure
Lower highs started forming after the rejection at 0.00214 and momentum flipped bearish. The market broke the intraday support around 0.00204, which triggered sell pressure and liquidity grabs below 0.00200. The sharp red candles show sellers controlling the move while buyers are still weak.
Entry Point
1. I'm watching a short entry around 0.00202 – 0.00205 if price pulls back to this broken support area.
Target Points
1. TP1: 0.00196
2. TP2: 0.00192
3. TP3: 0.00188
Stop Loss
0.00211 above the recent rejection zone.
How it’s Possible
The breakdown below 0.00204 flipped structure bearish and trapped late buyers. If price retraces into the broken support, sellers are likely to defend that level again. Liquidity sitting below 0.00198 has already started getting tapped, and further downside is possible as momentum continues favoring sellers.
#JCT