JCT Showing Signs of Recovery Post-Sell-Off
Following a heavy liquidation phase, #JCT is beginning to stabilize at the local support level. The recent sharp drop effectively flushed out over-leveraged positions, and we are now seeing a constructive base forming around 0.00245.
Upside Target: A relief bounce could see prices testing the 0.00280–0.00290 range.
Strategy: This appears to be a short-term recovery play. Exercise patience and wait for a confirmed breakout before scaling in.
Currently maintaining my short positions on $COS and $ASTER.