【$JCT Signal】Long - 1H pullback confirmation, strong signs of main force support

$JCT The 1H timeframe has experienced a rally and is now consolidating near the critical EMA20 (0.0017), with decreasing volume, indicating a healthy upward correction. The 4H timeframe has already stabilized above EMA20 (0.0016), and the trend has shifted from weak to strong. The order book shows buy orders far exceeding sell orders, with an imbalance rate of 28.66%, indicating strong support below and clear main force support intentions.

🎯Direction: Long (Long)

🎯Entry/Order: 0.001700 - 0.001710 (Reason: Pullback to the 1H EMA20 support zone, also the lower boundary of the dense trading area )

🛑Stop Loss: 0.001680 (Reason: Break below the current 1H consolidation low and EMA50 support )

🚀Target 1: 0.001785 (Reason: Previous high resistance level, also yesterday’s high )

🚀Target 2: 0.001860 (Reason: Fibonacci 0.786 retracement of the previous 4H decline )

🛡️Trade Management:

- Position suggestion: Light position (Reason: Hot Coin is highly volatile, control risk )

- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 0.001785 with increased volume, hold the remaining position towards Target 2.

Depth logic: Over the past 24 hours, the price has increased by 12.85%, but open interest (OI) remains stable, indicating it’s not just a short squeeze but rather new funds entering in an orderly manner. The 1H RSI (54.07) is in a healthy zone, with room for further upward movement. Orders above the sell wall (0.001712) are sparse, so once buy orders gain momentum, a rapid rally is likely. Currently, this is a typical “strong consolidation, waiting for a breakout” structure.

Trade here 👇 $JCT

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