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$JTO $JTOUSDT (1h) - Short Reversal
Bias: Short
Entry (Zone): 0.4980 - 0.5020
Targets:
TP1: 0.4885
TP2: 0.4800
TP3: 0.4695
Stop Loss: 0.5118
Why this Setup:
I’m treating this as a mean-reversion short after the rally lost momentum and price started stalling below the recent highs. I want a rejection from the 0.50 area for a move back into the prior support pockets, with invalidation above the 0.5118 swing area.