【$JTO Signal】Negative funding rate short squeeze + breakout, waiting for a pullback to go long

$JTO 1H MACD bullish volume bars continuously expanding, RSI reaching 76.96 overbought zone, but the 4H Bollinger Band upper band at 0.4215 has been broken, price above 0.44. Buy depth ratio 1.24, funding rate -0.78% extreme negative value, bullish short squeeze logic is valid. Currently chasing high with poor risk-reward ratio, placing orders and waiting for deep pullback.
🎯Direction: Long (limit order)
⚡Entry/Order: 0.3869
🛑Stop loss: 0.3710
🚀Target 1: 0.4399
🚀Target 2: 0.4416
🛡️Trade management: - Reduce 50% at Target 1, move stop loss to breakeven. Be patient and wait before triggering orders, do not chase high.
Extreme negative funding rate indicates crowded shorts, once price stabilizes, short squeeze has strong explosive power. Current order point near the middle band of the 4H Bollinger Band, clear risk-reward ratio. View real-time market 👇 $JTO
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