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$JCT | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.00400 to 0.00407
Stop Loss: 0.00416
Targets:
TP1: 0.00392
TP2: 0.00382
TP3: 0.00370
Invalidation:
Close above 0.00416
Why This Setup:
I see price losing momentum after a failed push into the 0.0044 to 0.0046 supply area, with the current move slipping back under short-term support. I’m looking for a retest and rejection of 0.00400 to 0.00407, where downside continuation can extend into the prior base and liquidity below.