🚀 $JTO /USDT: Is a powerful Short Squeeze brewing? Metrics Analysis:
The $JTO pair is demonstrating strong bullish momentum, storming the local high around 0.695 (see image.png and image_2.png). The charts clearly show fuel for further growth.
📊 Key factors:
Negative funding: The funding rate is held at an extreme -0.268%. The market is heavily overloaded with shorts that pay buyers to hold positions.
OI and Spot CVD growth: Open Interest (21.67M) and spot purchases (+7.5M) are actively growing along with the price, which confirms the presence of a strong buyer (see image_2.png).
Liquidation map: According to image_3.png, the main cascade of stops and liquidations of shorts has accumulated in the 0.683 – 0.712 zone. This magnet can trigger an impulse breakout upwards.
🚦 Trading plan:
📈 Long: Entry on local pullbacks in the 0.625 – 0.640 zone (or aggressively from the current 0.663 with less volume).
🎯 Targets: TR1 — 0.695 (test of the high), TR2 — 0.720 (liquidation withdrawal).
🚫 Stop: 0.590 (candle closes below the support level).
⚠️ Countertrend shorts are currently the most dangerous due to the risk of an instant squeeze upwards!
The $JTO pair is demonstrating strong bullish momentum, storming the local high around 0.695 (see image.png and image_2.png). The charts clearly show fuel for further growth.
📊 Key factors:
Negative funding: The funding rate is held at an extreme -0.268%. The market is heavily overloaded with shorts that pay buyers to hold positions.
OI and Spot CVD growth: Open Interest (21.67M) and spot purchases (+7.5M) are actively growing along with the price, which confirms the presence of a strong buyer (see image_2.png).
Liquidation map: According to image_3.png, the main cascade of stops and liquidations of shorts has accumulated in the 0.683 – 0.712 zone. This magnet can trigger an impulse breakout upwards.
🚦 Trading plan:
📈 Long: Entry on local pullbacks in the 0.625 – 0.640 zone (or aggressively from the current 0.663 with less volume).
🎯 Targets: TR1 — 0.695 (test of the high), TR2 — 0.720 (liquidation withdrawal).
🚫 Stop: 0.590 (candle closes below the support level).
⚠️ Countertrend shorts are currently the most dangerous due to the risk of an instant squeeze upwards!