$JST USDT BEARISH CONSOLIDATION – SHORT OPPORTUNITY EMERGING
JST is struggling to hold above its immediate resistance zone, showing rejection wicks and failing to build bullish momentum. Current price is 0.03329, with market structure indicating potential downside movement.
🔑 Key Levels:
Resistance: 0.03340 – 0.03350 (strong rejection area)
Support: 0.03315 – 0.03320 (if broken, further decline likely)
📊 Trade Setup (Short):
Entry: 0.03330 – 0.03335
Targets:
➔ TP1: 0.03320
➔ TP2: 0.03315
➔ TP3: 0.03305
Stop Loss: 0.03350 (above rejection highs)
🔎 Market Outlook:
Bearish pressure is visible on lower timeframes as price faces consistent resistance around 0.03335 – 0.03350. Failure to reclaim this level will likely invite short sellers targeting support zones. RSI and momentum remain neutral but skewing bearish with each rejection candle.
⚠️ Risk Management:
Maintain position size under 2% risk per trade, keeping SL tight as volatility is low but sudden spikes are possible. Always protect capital first.
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💬 Comment 👇 if you agree with this short setup or if you’re already in position!
buy and trade here on $JST