source avatarCrypto Sat

Share

$JCT , the top gainer, led with a 282% price surge in the past 24 hours, almost reached 0.021 then a significant correction occurred towards 0.011. 😅 The chart is very interesting at this point; it is currently sitting on the support zone of 0.0107–0.0104. If this level is lost, a quick move to 0.01 is possible. If sellers take full control, candles may become larger and reddish, targeting 0.0095 and 0.009 at the very least. Losing this support would cause bigger trouble, increasing selling pressure and leading to chaos, with 0.007–0.005 possibly incoming. I prefer taking a long position only after a breakout of 0.0116, with scalping targets at 0.012, 0.013, and 0.014.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.