$JTO Ready to Dive? Short Signal Alert! 🚨🐻📉
Current Price: $1.956
$JTO is struggling to break above the $2.00 resistance—multiple rejections and now signs of weakness are flashing red!
Market Structure:
🔻 Lower highs after a sharp move up
📉 Weak volume on every bounce
🕯️ Bearish engulfing candle forming near the local top
Short Trade Setup:
🔹 Entry Zone: $1.96 – $1.98
🎯 TP1: $1.91
🎯 TP2: $1.85
🎯 TP3: $1.79
🛑 SL: $2.03
Why This Setup Works:
❌ Strong rejection near 24H high ($2.039)
📊 Breakdown structure visible on lower timeframes
📉 RSI looking overbought – signs of reversal
Pro Tip:
Keep a hawk eye on BTC’s movement—if Bitcoin dips, JTo might tumble even faster!
Momentum is shifting—catch this short early!
⚠️📉💣
Buy sell or trade here $JTO