$JCT — Bearish Momentum Setup
Short $JCT
Trade Plan
• Entry: 0.00162 – 0.00166
• Stop Loss: 0.00174
Targets:
• TP1: 0.00152
• TP2: 0.00148
• TP3: 0.00142
JCT is showing strong bearish momentum, already dropping more than 24%, which signals heavy selling pressure dominating the market. After the sharp decline, price is attempting a minor bounce into the 0.00162–0.00166 resistance zone, making it a potential area for sellers to re-enter.
This setup looks for a continuation of the downtrend, with targets placed at key liquidity levels where buyers previously attempted to step in. If the bearish momentum persists, the move could extend toward 0.00152 → 0.00148 → 0.00142.
The short bias remains valid as long as price stays below the 0.00174 stop-loss, which marks the invalidation level for this trade.
Key idea:
Weak bounces in strong downtrends often provide high-probability short opportunities as sellers continue to dominate.
Short and Trade $JCT here 👇 📉⚡
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