$JTO pulled back after a sharp move into the $0.50 liquidity zone, and I’m seeing this as a normal correction after expansion, not weakness. Price ran hard, took liquidity at the highs, and now it’s retracing into a clean demand area where buyers stepped in before.
I’m watching the 1H structure and the selling pressure is slowing down near previous support. This zone already proved itself during the last impulse, and that’s why I’m interested here instead of chasing higher levels.
Entry Point I’m planning my entry between $0.385 – $0.405. This is the demand zone and post-rally base. I want price to hold and stabilize here.
Target Point TP1: $0.435 – first reaction level TP2: $0.470 – mid-range resistance TP3: $0.505 – previous high and liquidity zone
Stop Loss My stop is below $0.360. A clean break below this level invalidates the setup.
How it’s possible I’m taking this trade because liquidity has already been taken, structure is still bullish, and price is reacting at a strong support area. If buyers defend this zone, a rotation back toward highs is very natural.
I’m sticking to structure and letting price confirm.
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GateUser-4b7240a8
· 2h ago
Fix the chicken chop. Clearly a trap to lure more buyers and then sell off.
$JTO pulled back after a sharp move into the $0.50 liquidity zone, and I’m seeing this as a normal correction after expansion, not weakness. Price ran hard, took liquidity at the highs, and now it’s retracing into a clean demand area where buyers stepped in before.
I’m watching the 1H structure and the selling pressure is slowing down near previous support. This zone already proved itself during the last impulse, and that’s why I’m interested here instead of chasing higher levels.
Entry Point
I’m planning my entry between $0.385 – $0.405. This is the demand zone and post-rally base. I want price to hold and stabilize here.
Target Point
TP1: $0.435 – first reaction level
TP2: $0.470 – mid-range resistance
TP3: $0.505 – previous high and liquidity zone
Stop Loss
My stop is below $0.360. A clean break below this level invalidates the setup.
How it’s possible
I’m taking this trade because liquidity has already been taken, structure is still bullish, and price is reacting at a strong support area. If buyers defend this zone, a rotation back toward highs is very natural.
I’m sticking to structure and letting price confirm.
Let’s go and Trade now $JTO