Here is your professional technical analysis post for Binance Square:
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$JST USDT BEARISH REVERSAL – SELLERS PUSH PRICE BELOW SUPPORT ⚠️
JST/USDT is currently trading at $0.03409 after failing to hold its recent high of $0.03441. Price action has broken below the 25 MA ($0.03424) and 99 MA ($0.03417), signalling a shift in momentum towards sellers for potential continuation to lower levels.
🔰 TRADE SETUP (SHORT):
Entry Zone: 0.03410 – 0.03420
Take Profits:
🎯 TP1: 0.03390
🎯 TP2: 0.03360
Stop Loss: 0.03445
📊 MARKET OUTLOOK:
With price consistently forming lower highs and lower lows, if JST/USDT remains under the 99 MA, bearish sentiment is expected to persist with potential intraday dips targeting the recent low zone.
⚠️ Risk Management:
Secure partial profits at TP1 and adjust SL to entry to protect gains against sudden spikes.
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buy and trade here on $JST
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