ShortTheBounce

$CHESS / USDT – Potential Short Setup in Play! 🧩📉
$CHESS is hovering at $0.0671 after a failed breakout near the $0.0734 resistance level. The recent sharp rejection on the 4H chart, followed by a lower high, suggests bearish pressure may build.

📉 Short Trade Setup:

Entry Trigger: Below $0.0660 (bearish confirmation)

Target 1: $0.0630

Target 2: $0.0600

Target 3: $0.0565

🛡️ Stop-Loss: $0.0698 (above recent highs)

🔍 Pro Tip: Look for increasing sell volume and a strong 4H close below $0.066 to validate downside momentum. Watch for lower lows and RSI divergence to strengthen conviction.

{futures}(CHESSUSDT)
#ShortTheBounce #CHESSBreakdown #DeFiWeakness #BinanceAlert #CryptoVolatility

$JTO /USDT – Bearish Breakdown Continues!


Momentum Analysis:

JTO/USDT is in a strong downtrend, losing -17.88% in the past 24 hours. Price dropped from a 24h high of $2.692 to a low of $2.117, currently consolidating near $2.159. Increased sell pressure is evident with $17.28M USDT volume, suggesting further downside risk.

Short Setup:

Entry Zone: $2.20 - $2.24

Targets:

T1: $2.05

T2: $1.92

T3: $1.80

Stop Loss: $2.28

Breakdown Confirmation & Key Support:

Breakdown confirmed below $2.25

Major support at $2.05, with extended downside to $1.92

Pro Tip for Traders:

Wait for a short entry near $2.20-$2.24 if price rejects this level. Volume spikes indicate strong selling, so avoid long positions until a clear reversal signals.

🔹 #JTO #CryptoTrading #Binance #DeFi #ShortTheBounce