🟢 $JCT surging with 5.8x buy volume spike, can it sustain?
- The immediate expectation is for price to continue pushing upwards, especially if it finds support on a pullback to 0.003350–0.003424 and prints bullish confirmation. This volume anomaly, paired with strong indicators, suggests buyers are in control for now.
- If you see a bullish reversal in the 0.003350–0.003424 area, that’s your best long setup. For confirmation, wait for a strong bullish candle, pin bar, or lower timeframe reversal around this zone. Enter on the break of the reversal candle, targeting 0.003463, 0.003494, and 0.003937.
- Bias would change to bearish if price fails to hold above 0.003350 and especially if it closes below the 0.003206 swing low — in that scenario, expect another leg down targeting the lower range.
- If price goes straight to 0.003937 without a pullback, be cautious; a quick sweep above that recent swing high followed by a sharp rejection could signal the end of this leg, where short setups may appear on lower timeframe confirmation.
📝 This is not investment advice, just an educational analysis report. Always use proper risk management and wait for confirmation before entering any trade!
$JCT
