$JTO /USDT SHORT TRADE SETUP: Precision Trading Signal🔥💯
Entry Point: $2.74 (upon retest of the trendline resistance)
Take Profit Targets:
• TP1: $2.70 (Quick scalp)
• TP2: $2.65 (Intermediate target)
• TP3: $2.58 (Full extension target)
Stop Loss: $2.82 (Above the upper trendline and resistance zone)
Technical Overview:
• The price is trending within a well-defined descending channel (blue trendlines).
• Bearish momentum is evident with lower highs and lower lows.
• A breakdown from the current level could confirm continuation toward lower price levels.
Risk-Reward Ratio: ~1:3 (balanced and favorable setup)
Strategy Notes:
1. Secure partial profits at each TP level and adjust SL to breakeven after TP1.
2. Watch for volume confirmation on breakdown to validate trade momentum.
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