Analysis of coin $JTO .. The rebound started from the bottom and the breakout is coming 🚀🔥
The $JTO formed a classic rebound bottom at 0.3928, and currently all signals are turning green after strong buy liquidity entered on the 4-hour timeframe
🧐 Technical Analysis:
On the daily timeframe: the downward pressure has ended and a reversal/accumulation candle has started
On the 4-hour and 15-minute timeframe: a breakout and staying above the EMA7 and EMA25 averages with excellent buying volume, and the immediate uptrend is stable while holding above the support lines and the SAR
🎯 Trading Plan:
⬅️ Current entry price: between 0.4350 and 0.4410 is excellent
🔒 Strong confirmation condition: a breakout of the nearby resistance at 0.4450 and a close above it
🎯 Targets:
First target: 0.4600
Second target: 0.4860
Third target: 0.5290
🛑 Stop loss: a 4-hour candle close below 0.4150 levels
⚠️ Reminder: Don’t enter with your full capital, and always activate the stop loss to protect your capital .. Good luck to everyone 🤲💵
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