A $1.51K SHORT liquidation just triggered at $0.00167, forcing bearish positions to close and reducing short-term selling pressure. This type of liquidation often acts as a momentum spark once price holds above the trigger level.
With shorts flushed, $JCT is now trading at a key reaction zone. If buyers maintain control and volume confirms strength, $JCT could extend higher from here. Failure to hold may lead to brief consolidation before continuation.
Trade Setup
EP: 0.00164 – 0.00170
TP1: 0.00182
TP2: 0.00205
TP3: 0.00235
SL: 0.00158
Short liquidations can flip momentum quickly — let price action confirm direction.
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