Signal Alert: $JTO /USDT
$JTO has been consolidating within a range for the past few days. The current price is around $2.853. While the 24-hour volume is relatively low, it suggests potential for increased volatility and movement in the near future.
Trade Setup:
* Entry: Consider entering a long position around $2.762.
* Resistance: The $3.019 level is acting as immediate resistance.
* Support: The $2.631 level is acting as immediate support.
Take-Profit Targets:
* Target 1: $2.933
* Target 2: $3.019
* Target 3: $3.061
Stop Loss:
* Place a stop loss below the recent swing low at $2.774.
Caution:
* Traders should exercise caution as the market is currently consolidating.
* Watch for any potential breakout signals above $3.019 or below $2.631.
* #Binance
* #TechnicalAnalysis