The $JTO market is showing renewed bullish momentum as short positions are being liquidated, adding fuel to the upside.

$JTO /USDT - LONG

Trade Plan:

Entry: 0.642 – 0.648

SL: 0.625

TP1: 0.665

TP2: 0.688

TP3: 0.715

Why this setup?

The latest short liquidation indicates bearish traders have been forced to exit, a signal that often strengthens bullish momentum. Price is holding above a key support zone, and sustained buying pressure could push JTO toward the next resistance levels. As long as the entry range remains intact, the technical structure favors continuation with a favorable risk-to-reward profile.

Debate:

Will JTO extend the short squeeze into a stronger breakout, or will sellers defend the next resistance and force a pullback?

Click here to Trade $JTO

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