Keep an Eye on JTO! 🌟potential opportunities.

3 Apr

💎 Paradisers, #JTO is demonstrating signs of strength with CHoCH and BOS indicating a bullish market structure, coupled with the formation of a cup & handle pattern, which enhances the likelihood of a bullish breakout.

💎If #JTOUSDT successfully confirms a breakout above the resistance zone, it could pave the way for a bullish rally towards the next resistance level.

💎In the event of a pullback, potential bounce areas include the Bullish Order Block (OB) or demand zone. However, it's essential to note that the probability of a bounce may be relatively low, so it's advisable to set small targets in such cases.

💎Should the price break below the demand zone, it may signal a bearish. However, given the current market dynamics, it might be prudent to temporarily disregard this scenario and wait for clearer price action to develop before reassessing the situation.

💎Stay vigilant and monitor #JTO's price movements closely for potential trading opportunities.