I'm looking at $JST /USDT around 0.11592, and the immediate move looks weak after price pushed up toward 0.11610 and then pulled back sharply. The bigger thing I notice is that price is still below the visible MA60 at 0.11663.
For me, 0.11610 is the first level worth watching. I'd like to see price reclaim and hold above that area before considering the setup attractive. The recent drop also came with a visible volume spike, so I wouldn't chase the move without confirmation.
📍 Entry: Above 0.11610 after a clear hold
🎯 TP1: 0.11631
🎯 TP2: 0.11651
🛑 Invalidation: 0.11592
If price loses 0.11592, I'd step away from this setup because the visible short-term recovery has already failed at the current level.
There isn't enough visible chart information to justify a third target or a tighter stop. I'm waiting for confirmation around 0.11610 rather than forcing an entry at 0.11592.
For me, 0.11610 is the first level worth watching. I'd like to see price reclaim and hold above that area before considering the setup attractive. The recent drop also came with a visible volume spike, so I wouldn't chase the move without confirmation.
📍 Entry: Above 0.11610 after a clear hold
🎯 TP1: 0.11631
🎯 TP2: 0.11651
🛑 Invalidation: 0.11592
If price loses 0.11592, I'd step away from this setup because the visible short-term recovery has already failed at the current level.
There isn't enough visible chart information to justify a third target or a tighter stop. I'm waiting for confirmation around 0.11610 rather than forcing an entry at 0.11592.