๐ฅ$JCT is attempting a trend reversal on the 4H timeframe after a prolonged correction. Price is currently trading near 0.00224, showing signs of stabilization above key short-term support.
๐ Technical Breakdown:
Price holding above the Bollinger mid-band (0.00211) โ early bullish signal
Formation of higher lows after bottom near 0.00187
Volatility contraction suggests a possible expansion soon
Buyers slowly stepping in after strong sell-off
๐ฏ Key Levels to Watch:
Support: 0.00210 โ 0.00195
Resistance: 0.00230 โ 0.00255
A clean break above 0.00255 may confirm trend continuation
๐ง Bias: Cautiously bullish above mid-band
โ ๏ธ Risk: Loss of 0.00210 could invalidate the setup
JCT
Alpha
0.0019922
+7.39%