$JTO /USDT SHORT TRADE SETUP: Precision Trading SignalšŸ”„šŸ’Æ

Entry Point: $2.74 (upon retest of the trendline resistance)

Take Profit Targets:

ā€¢ TP1: $2.70 (Quick scalp)

ā€¢ TP2: $2.65 (Intermediate target)

ā€¢ TP3: $2.58 (Full extension target)

Stop Loss: $2.82 (Above the upper trendline and resistance zone)

Technical Overview:

ā€¢ The price is trending within a well-defined descending channel (blue trendlines).

ā€¢ Bearish momentum is evident with lower highs and lower lows.

ā€¢ 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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