$JTO reacted strongly near 0.6620 after a notable short liquidation, showing buyers were willing to absorb supply at that level. Price is now stabilizing above the zone, which often signals that downside momentum is fading.
On the 15m timeframe, JTO is forming a clean base with higher lows and reduced selling pressure. The recent candles suggest liquidity has been absorbed, and buyers may attempt a push toward nearby resistance if momentum continues to build.
Entry Point
0.6600 – 0.6660
Target Point
TP1: 0.6750
TP2: 0.6880
TP3: 0.7050
Stop Loss
0.6490
This setup can work if the current support remains intact and volume continues to improve. The combination of higher lows, base formation, and buyer activity points to growing breakout pressure in the short term.