$JTO requires patience before the short is actionable. The current selling pressure shows sustained weakness as the asset operates within a descending channel, consistently posting lower highs. A real turn would need a convincing close below the range bottom. If it bounces back above the recent swing high, that invalidates the bearish thesis entirely.

JTOUSDT | SHORT
Entry 0.4192 - 0.4200
Invalidation 0.4222
Targets 0.4170 / 0.4148 / 0.4122

#Futures