$JST/USDT TECHNICAL ANALYSIS: BULLISH REVERSAL IN PLAY $JST

​The chart displays a classic V-shaped recovery after testing the 24h low. Following a period of selling pressure, a strong bullish engulfing candle has formed on the timeframe, breaking above the immediate moving average resistance. This suggests that the local bottom is in and momentum is shifting back to the buyers.

​TRADING STRATEGY

​Market Sentiment: Bullish

​Trend: Reversal from support

​Take Profit 1: 0.04880

​Take Profit 2: 0.04929

​Take Profit 3: 0.04967

​Stop Loss: 0.04740

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