Three months lost 470k USD, and just yesterday I managed to recover 70% of JCT.

Cutting losses until blood vessels burst, and yet this shady trader pushed it down to 0.0060 with a deep V.
First, some data: JCT current price is 0.0065, over the past 24 hours it dropped from 0.0076 to 0.0060 and then rebounded, with a trading volume of 31.3 million USD.
What does this volume indicate on a coin priced at 0.006? Someone is selling high and accumulating low, retail investors are cutting their losses at the bottom, and the big players are swallowing it all.
In the last 24 hours, it’s down 11.72%, but the 0.0060 level has held three times in a row, forming a small double bottom at the bottom, combined with decreasing volume on the rebound, which is a typical “shakeout at the end + main force entering” signal.
But don’t get carried away. If this is truly a shakeout, the next resistance is at 0.0072-0.0075, which is the previous high and the 24-hour high point area.
If it can’t break through, it’s a false rebound, and the big players are cashing out and running.
My plan: build a 3% initial position at the current price of 0.0065, and if it retraces to 0.0062 without breaking, add more until 7%;
set a stop loss at 0.0059, and if it breaks that level, exit immediately—no holding through.
Take profits in two stages: half at 0.0072, and fully exit at 0.0082.
Keep position size within 15% of total funds; this coin is too volatile, don’t go all-in.
Here’s a real trade example: last year, I bought a coin at 0.003, and the big players dumped it down to 0.0021. I cut losses, but three days later it shot up to 0.006, and I got burned badly.
So for this JCT wave, my strategy is “gradual bottom-fishing + strict stop-loss,” better to earn less than hold a deep trap.
Finally, a word: at 0.0065, JCT is either an overpriced coin or a tool to harvest retail investors.
You guys decide for yourselves. I’ve already placed my orders.
Don’t ask if I’m optimistic—I only follow my stop-loss lines.
$JCT