$JCT
is showing a steady recovery after a sharp downside move 📈
The price recently dropped toward the 0.00203 demand zone, where strong buying pressure stepped in and stopped the decline.
From that level, JCT formed a clean rebound, pushing the price upward and creating a sequence of higher lows, indicating improving market structure.
The recovery brought the price back toward the 0.00265 area, which now acts as the nearest resistance zone.
Currently, JCT is trading around 0.00258, holding above the 7 EMA and 25 EMA, which suggests the short-term momentum remains bullish.
If buyers continue to maintain control and break above 0.00265, the next potential upside move could target 0.00280 – 0.00300 🚀
However, if the market pulls back and 0.00245 support breaks, the price may revisit the 0.00230 – 0.00220 demand area before another push upward.