$JST – Sharp spike rejected hard, momentum reversing at the highs

Trading Plan Short $JST ( max 10x )

Entry: 0.07606 – 0.07617

SL: 0.08844

TP: 0.07000

TP: 0.06000

TP: 0.04478

Price trended up slowly then spiked sharply but got rejected immediately with back to back red candles showing heavy selling pressure at the top. The move looks exhausted and buyers are unable to hold the gains. When price spikes like this after a slow grind and gets sold into instantly, it tends to give back the entire spike and continue toward lower support levels.

Trade $JST here 👇

#JST #JSTUSDT #Binance #ShortSignal #Bearish

JSTUSDT

دائم

0.07337

+5.76%