$JTO /USDT BEARISH SIGNAL ALERT š“š
MULTIPLE REJECTIONS NEAR $2.419 HIGH!
BULLISH MOMENTUM SLOWING ON LOWER VOLUME!
STRONG WICK PRESSURE SHOWS SELLERS STEPPING IN!
JTO/USDT recently hit a local high of $2.419 but failed to hold gains, forming lower highs with visible selling wicks. The price is struggling to sustain above the $2.30 level, with weakening volume ā a classic sign of a potential bearish reversal.
š Key Technical Levels:
Resistance: $2.365 ā $2.419
Support 1: $2.174
Support 2: $2.035
Current Price: $2.313
š“ SHORT TRADE SETUP
Entry Zone: $2.30 ā $2.33
Take Profit (TP): $2.17 / $2.03 / $1.90
Stop Loss (SL): $2.43
š”ļø Risk Strategy:
Only short if price loses $2.30 support with volume confirmation. Keep tight SL and monitor for quick drops.