$JCT Reversal in Price ⚡️
Long Trading Plan for JCT (20x)
Entry: 0.00370 – 0.00377
SL: 0.00358
TP1: 0.00385
TP2: 0.00395
TP3: 0.00405
JCT is showing signs of a reversal after a period of strong price fluctuations. The 0.00370 – 0.00376 zone is acting as short-term support, buying pressure is starting to reappear, and the structure on smaller timeframes is improving, suggesting a potential upward bounce may be forming.
The Stop Loss is placed below 0.00358, a relatively clean area. If this level is breached, the long position will be invalidated.
Step-by-step targets: 0.00385 → 0.00395 → 0.00405. Each take profit (TP) is quite far apart (~2.4-2.7% from entry), be patient and take profits gradually.
Price is low, percentage volatility can be large. The distance from entry to stop loss is quite close (~3.2-4.8%). Enter small orders and set stop losses correctly.
Will there be a rebound after a reversal in volatility? Have you entered yet? Comment to discuss! ⚡️