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Textbook breakdown structure on $JTO ! โ ๏ธ Losing major EMA levels simultaneously confirms that the short-term trend has shifted into sellers' hands.
While this distribution pressure plays out, keep a close watch on $EDEN and $MITO as well, since their current price action exhibits similar structural weakness that could lead to heavy breakdown setups. ๐
Never chase blindly โ let the price action trigger your entry! โก
#BearishBreakdown #EMAtrend #DistributionPhase #ShortPosition #CryptoScalping
While this distribution pressure plays out, keep a close watch on $EDEN and $MITO as well, since their current price action exhibits similar structural weakness that could lead to heavy breakdown setups. ๐
Never chase blindly โ let the price action trigger your entry! โก
#BearishBreakdown #EMAtrend #DistributionPhase #ShortPosition #CryptoScalping
C-ICT Trader
ยท
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$JTO BREAKDOWN RISK BUILDS โ ๏ธ
Entry: 0.4950 - 0.5100 ๐ป
Target: 0.4600 / 0.4350 / 0.4000 โ
Stop Loss: 0.5350 ๐
$JTO is showing a weaker short-term structure after losing EMA(7), EMA(25), and EMA(99) support. Lower highs and fading volume suggest buyers are losing control near higher levels, while distribution pressure remains visible. The setup favors caution, especially with leverage, as invalidation sits above the recent resistance zone.
Not financial advice. Manage your risk.
#Crypto #Altcoins #Trading #BinanceSquare #JTO
๐ก๏ธ
{future}(JTOUSDT)
Entry: 0.4950 - 0.5100 ๐ป
Target: 0.4600 / 0.4350 / 0.4000 โ
Stop Loss: 0.5350 ๐
$JTO is showing a weaker short-term structure after losing EMA(7), EMA(25), and EMA(99) support. Lower highs and fading volume suggest buyers are losing control near higher levels, while distribution pressure remains visible. The setup favors caution, especially with leverage, as invalidation sits above the recent resistance zone.
Not financial advice. Manage your risk.
#Crypto #Altcoins #Trading #BinanceSquare #JTO
๐ก๏ธ
{future}(JTOUSDT)
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