🚨 $JTO Holding Strong – Eyes on the 50 EMA Bounce!🚀🚀
📉 After a sharp move to the upside, $JTO is showing resilience despite today’s dip (-3.54%). It’s currently holding around $2.046, with a daily low at $2.010 and showing strong interaction near the 50 EMA support at $1.981.
💎 Why JTO is still one of the best to hold:
◻️Healthy retracement with no breakdown below the 50 EMA
◻️Buyers are defending the key dynamic support, maintaining bullish structure
📊 Long Trade Setup (Spot/Perps)
Entry Zone: $1.980 – $2.050
Target 1: $2.24 (200 EMA)
Target 2: $2.41
Target 3: $2.59
Stop Loss: Daily close below $1.95
🟡 Key Watch:
We don’t want a daily candle close below the 50 EMA – that’s the main support structure. Holding above it keeps bulls in control and sets up a potential bounce from this zone.
🔄 Watch for a strong 4H reversal candle or volume spike for confirmation.
➡️ buy and trade here on $JTO
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