$JTO / USDT – Uptrend Losing Steam! Bearish Setup Ahead? 🔻
Current Price: $1.722
$JTO has seen a strong vertical surge but is now struggling near the $1.75 resistance — signs of exhaustion are setting in. Wicks and fading volume suggest a possible reversal.
Short Trade Setup:
Entry Zone: $1.725 – $1.745
Targets:
TP1: $1.670
TP2: $1.610
TP3: $1.555
Stop-Loss: Above $1.765
Market Insight:
The bulls may have overreached. This looks like a classic overextension — ideal for a tactical short play if confirmation follows. Watch for bearish momentum below the entry zone.