$JTO Rollercoaster Ride Might Not Be Over Short Setup Ahead.....
$JTO just dropped sharply from $2.488 and is now struggling to hold support near $2.10. With lower highs forming and bearish momentum increasing, another leg down looks likely if $2.08 breaks.
🔻 Short Trade Setup
Entry: $2.10
TP1: $2.00
TP2: $1.94
TP3: $1.89
SL: $2.18
Bearish engulfing patterns on the 4H chart signal weakness. If volume picks up on the downside, expect quick moves toward the previous support. Watch closely.