Here is your Binance Square premium technical analysis post for the given JTO/USDT chart:
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🚀 $JTO USDT BULLISH MOMENTUM – CONSOLIDATION BEFORE NEXT LIFT-OFF?
The recent surge from $1.967 to a high of $2.136 shows strong buyer pressure, and now JTOUSDT is stabilizing above key support. Current price is $2.097, sitting firmly above the short-term MA(5), suggesting bulls are protecting their ground.
📊 Trade Setup:
Entry (Long): $2.08 – $2.10
Take Profit (TP): $2.14 / $2.18 / $2.22
Stop Loss (SL): $2.05
🔍 Market Outlook: Volume is cooling down post-breakout, indicating consolidation. MACD remains below zero but RSI at ~51 shows balanced momentum, ready to tilt bullish if buying pressure returns. If $2.05 holds, expect an upward push towards $2.20+.
⚠️ Risk Management:
Always use proper position sizing. Risk only 1-2% of your capital per trade and adjust SL if momentum weakens below support.
#JTO #CryptoTrading #Altcoins👀🚀 #Binance #ScalpTrading buy and trade here on $JTO
💬 Comment 🚀 if you see JTO flying above $2.20 this week!
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