【$JTO Signal】Long Position: Breakout and Pullback Confirmation

$JTO After a volume breakout, a healthy pullback confirmation is underway. Price action shows buying pressure continuously absorbing selling pressure at key support levels, which is a typical consolidation pattern after a breakout rather than a top distribution.

🎯 Direction: Long

🎯 Entry: 0.445 - 0.455

🛑 Stop Loss: 0.425 ( Rigid stop loss, invalidates the pattern if broken )

🚀 Target 1: 0.520

🚀 Target 2: 0.580

$JTO Daily level volume breakout, currently on the hourly chart pullback to previous resistance turned support area. Market shows sparse sell orders during the pullback, dense buy orders, which is characteristic of a strong market. Healthy volume and price action, no signs of volume stagnation or panic selling. The pullback depth is within 38.2% of the breakout move, indicating a strong correction. The probability advantage lies in the inertia of a confirmed effective breakout.

Trade here 👇 $JTO

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