$JTO Just Snapped Back Strong — Bullish Reversal in Play
Current Price: $2.35
24h Gain: +10.14%
Volume (24h): 3.75M JTO / 8.26M USDT
Range: $2.08 (Low) – $2.36 (High)
Long Trade Setup
Entry Zone: $2.32 – $2.36
Price is holding just under the local high with fresh bullish volume stepping in.
Targets:
TP1: $2.50 (immediate resistance)
TP2: $2.68 (previous swing zone)
TP3: $2.88 (breakout extension)
Stop-Loss:
Below $2.20 – a clean invalidation zone if momentum fades.
Momentum Breakdown
Structure: Reversal from $2.08 forming a rising channel
Buy Pressure: Steady increase in volume signals real interest
Price Action: Clean break above minor resistances — bulls stepping in
Pro Tip:
Watch the $2.36 zone closely. A 4H candle close above it confirms continuation. If it wicks and dips, consider entries closer to $2.30 for better risk/reward.
“$JTO might be gearing up for a clean leg higher — smart entries beat emotional chases!”#PowellRemarks #PowellRemarks #MyTradingStyle today now