Everyone is waiting for a breakout—I’m watching $JCT /USDT facing a heavy rejection at its local peak as momentum begins to shift.
- SHORT
Trade Plan:
Entry: 0.004912 – 0.005123
SL: 0.005600
TP1: 0.004867
TP2: 0.004541
TP3: 0.004424
Why this setup?
The 1h chart shows $JCT losing its immediate bullish grip after testing a 24h high of 0.005594, even though it currently holds a +15.77% gain. The price action has broken below the immediate MA7 line (0.005123) with consecutive bearish hourly candles, confirming strong overhead resistance and profit-taking. Entering a short here offers a great risk-to-reward ratio for a pullback towards the MA25 (0.004867) or the stronger structural MA99 support at 0.004424.
Debate:
What do you think? Will JCT manage to hold the MA25 level for a second leg up, or are we going straight back to test the 0.0044 demand zone? Share your thoughts below!#USFuturesRise #SaylorHintsStrategyBitcoinBuy $JCT
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- SHORT
Trade Plan:
Entry: 0.004912 – 0.005123
SL: 0.005600
TP1: 0.004867
TP2: 0.004541
TP3: 0.004424
Why this setup?
The 1h chart shows $JCT losing its immediate bullish grip after testing a 24h high of 0.005594, even though it currently holds a +15.77% gain. The price action has broken below the immediate MA7 line (0.005123) with consecutive bearish hourly candles, confirming strong overhead resistance and profit-taking. Entering a short here offers a great risk-to-reward ratio for a pullback towards the MA25 (0.004867) or the stronger structural MA99 support at 0.004424.
Debate:
What do you think? Will JCT manage to hold the MA25 level for a second leg up, or are we going straight back to test the 0.0044 demand zone? Share your thoughts below!#USFuturesRise #SaylorHintsStrategyBitcoinBuy $JCT
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