$JTO /USDT short tread single 🔴
BEARISH TRADE SIGNAL – LOWER HIGHS CONFIRM SUPPLY ZONE REJECTION!
$JTO
1.856
+0.48%
is trading around $1.86 after failing to hold above the $1.92 resistance level. Recent candles show strong upper wicks, indicating buyer exhaustion near supply. The lower high formation combined with thinning volume suggests a possible breakdown if $1.84 is lost.
Trade Setup (SHORT):
Entry Price: $1.855 – $1.880
Target 1: $1.740
Target 2: $1.620
Stop Loss: $1.925
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Why Short?
Despite a past breakout above $3.50, $JTO failed to sustain momentum and has since retraced significantly. Current structure points to rejection at descending trendline resistance, and bearish divergence on lower timeframes hints at a continuation to lower support levels. A confirmed close below $1.84 could accelerate the drop.
Risk Management Tip:
Use tight stops above recent highs to avoid whipsaws. If price reclaims $1.92 with volume, exit the trade — the structure will shift bullish again.
Don’t let the breakdown escape — sell weakness, not strength!
Ride the wave while the trend is still in your favor!
