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【$JTOUSDT】Long vs Short Competition Intensifies
$JTO During regular intraday volatility, the funding rate is -0.488% but price is holding strong—a typical short squeeze structure. The 4-hour timeframe shows volume and price both rising through previous highs, but the 1-hour MACD death cross is expanding with buy orders breaking down. The ask wall from 0.327 to 0.328 is extremely thick, while bids around 0.326 are aggressive. The level has broken—don't get lucky; short directly at this position. Enter at current price 0.3271 with stop loss above 0.331. Watch for a pullback to 0.315, and take profits in batches when it arrives. This hard push under negative funding rates doesn't offer good risk-reward—it looks more like the last desperate struggle of the bulls.
View Real-Time Chart 👇 $JTO
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