【$JCT Signal】Long - 1H pullback confirmation, 4H trend continuation, obvious signs of main force supporting the market

$JCT The 1H timeframe is supported near EMA20 (0.0018), with the price strongly rebounding from a low of 0.001704, forming a long lower shadow, indicating strong buying interest. The 4H candles are consecutively closing higher, staying above EMA50 (0.0016), with the overall trend upward. The current price is undergoing a healthy correction on the 1H timeframe, presenting an excellent short-term sniper opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.001748 - 0.001755 (Reason: Retracement to 1H EMA20 support zone and previous small platform )

🛑Stop Loss: 0.001704 (Reason: Break below previous 1H low and the bottom of the 4H bullish candle body )

🚀Target 1: 0.001830 (Reason: Testing previous high resistance and Fibonacci 0.618 extension on the 1H timeframe )

🚀Target 2: 0.001870 (Reason: Breakthrough previous high, aiming for recent 4H high )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin volatility is extremely high, strict risk control is necessary )

- Execution strategy: After reaching Target 1 at 0.001830, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.001755. If the price strongly breaks through 0.001830 and stabilizes, hold the remaining position to target 2.

Deep logic: Open interest (OI) remains stable during price pullback, with no significant decline, indicating that long positions are not panicking and main force may be supporting the market. The 1H RSI (51.31) is in a healthy zone with room to rise. Market depth shows sell orders accumulating around 0.00177-0.00178; breaking through this zone will accelerate upward movement. Funding rate at 0.0554% is positive but not overheated, leaving room for long positions.

Check real-time market 👇 $JCT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包