$JCT Under Heavy Pressure: 3.0x selling Volume Triggers bearish warning
a sharp wave of selling has hit $JCT, with volume surging to 3.0x normal levels and pushing price into a critical decision zone.
current outlook remains bearish unless buyers can quickly reclaim and hold above 0.004408. Failure to do so could open the door for a continuation move toward the 0.004124 demand area, with 0.003985 acting as the next major support level.
trade Idea: • short bias remains valid on bearish rejection between 0.004408–0.004739 • Downside targets: 0.004124 and 0.003985 • Protective stop: Above the nearest significant swing high
bullish Scenario: If price reaches the 0.004124–0.003985 support zone and prints strong reversal signals such as a pin bar, bullish engulfing candle, or double bottom, a countertrend bounce toward 0.004408 becomes possible.
market Structure Shift: A strong reclaim and sustained hold above 0.004739 on rising volume would invalidate the bearish setup and could trigger a squeeze toward 0.005548.
patience is key after high-volume liquidation events. let the market confirm direction before committing to a position.$JCT
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