$JST Long Trade Opportunity
$JST is currently trading around 0.03321 after touching a 24h low of 0.03271 and a high of 0.03390. Price action suggests the asset is holding a strong support zone near 0.03270 and attempting to bounce upward, offering a potential long trade opportunity with favorable risk-reward setup.
Entry Zone:
✅ Entry: 0.03300 – 0.03320
(Current price is well within entry range, indicating an active setup)
Technical Context:
JST found support at 0.03270, showing buyers defending this level.
Gradual increase in volume indicates accumulation at lower levels.
If bulls maintain momentum, we could see a breakout above the 0.03390 short-term resistance.
Market structure is forming a potential higher low, a positive signal for trend reversal or rally continuation.
Stop Loss:
❌ SL: 0.03170
Placed just below the recent swing low to minimize downside risk if the setup fails.
Take Profit Targets:
🎯 Target 1: 0.03420 — testing recent resistance, likely to hit quickly
🎯 Target 2: 0.03530 — next resistance zone based on past price reaction
🎯 Target 3: 0.03650 — aggressive target, requires sustained bullish volume and sentiment
Risk-Reward Profile:
Risk per unit: ~0.00130
Reward (T1–T3): ranges from 1.5x to over 2.5x
Solid R:R for short- to mid-term scalpers or swing traders
Strategy Notes:
This is a mid-volatility DeFi asset. For higher conviction:
Monitor BTC and overall DeFi sector sentiment.
Volume spikes above 0.03400 may confirm breakout.
If price breaks below 0.03170, exit immediately to limit risk.
Trail your stop above breakeven once T1 is hit.
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