$JCT Bearish Continuation Setup — Are Bears Preparing for the Next Breakdown?
Perfect Analysis
Solid Setup
JCTUSDT
Perp
0.003391
+11.18%
Post
$JCT Bearish Continuation Setup — Are Bears Preparing for the Next Breakdown?
Short $JCT
• Entry: 0.00248 – 0.00255
• Stop Loss: 0.00270
Targets:
• TP1: 0.00230
• TP2: 0.00215
• TP3: 0.00200
JCT Token is currently showing a strong bearish structure after a sharp liquidation-driven drop on the 1H timeframe. Price has been forming consistent lower highs and lower lows, confirming that sellers remain in full control of momentum.
After the aggressive dump from the 0.0037–0.0038 supply zone, the market is now consolidating near 0.00230 support, which often acts as a bear flag before continuation. This type of consolidation typically precedes another leg down once liquidity builds above minor resistance.
The bearish bias remains valid as long as price stays below the 0.00270 resistance zone, which is now acting as a key supply level. A rejection from this region could trigger the next impulsive move toward 0.0020 liquidity.
Manage risk strictly and watch for weak bounces into resistance with declining volume, as these often provide the best short entries in a downtrend.
Trade $JCT here 👇🏻
{future}(JCTUSDT)
#JCTUSDT #CryptoTrading #BinanceSquare
Short $JCT
• Entry: 0.00248 – 0.00255
• Stop Loss: 0.00270
Targets:
• TP1: 0.00230
• TP2: 0.00215
• TP3: 0.00200
JCT Token is currently showing a strong bearish structure after a sharp liquidation-driven drop on the 1H timeframe. Price has been forming consistent lower highs and lower lows, confirming that sellers remain in full control of momentum.
After the aggressive dump from the 0.0037–0.0038 supply zone, the market is now consolidating near 0.00230 support, which often acts as a bear flag before continuation. This type of consolidation typically precedes another leg down once liquidity builds above minor resistance.
The bearish bias remains valid as long as price stays below the 0.00270 resistance zone, which is now acting as a key supply level. A rejection from this region could trigger the next impulsive move toward 0.0020 liquidity.
Manage risk strictly and watch for weak bounces into resistance with declining volume, as these often provide the best short entries in a downtrend.
Trade $JCT here 👇🏻
{future}(JCTUSDT)
#JCTUSDT #CryptoTrading #BinanceSquare
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