Liquidation Reference: $0.00536 (Long Liquidations: $1.07K)
Entry Zone: $0.00534 – $0.00539
Stop-Loss: $0.00558
🎯 Take-Profit Targets
- TP1: $0.00518
- TP2: $0.00502
- TP3: $0.00482
Market Analysis:
The recent long liquidation activity near $0.00536 suggests downside pressure on leveraged positions. If JCT struggles to reclaim this level, another bearish move could develop. Watch for rejection around the entry zone and confirmation through selling volume before entering.
Invalidation: A sustained breakout above $0.00558 would cancel this setup.
Risk Management: Protect capital with a predefined stop-loss and consider securing partial profits along the way.
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