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$JCT | 1h | Bearish Rejection Setup
Bias: Short
Entry Zone: 0.00408 to 0.00414
Stop Loss: 0.00420
Targets:
TP1: 0.00398
TP2: 0.00390
TP3: 0.00382
Invalidation:
Close above 0.00420
Why This Setup:
I’m seeing a weak rebound into prior resistance after a sharp selloff, and price is struggling to reclaim the 0.00415 area. The structure still favors continuation lower while momentum stays capped below the recent breakdown zone.