【$JTO Signal】Pullback with multiple entries + negative fee rate short squeeze expectations

$JTO Funding rate -0.0984%, sell order depth ratio nearly 20%, oscillating at high levels. The 4H MACD bullish momentum remains, but the 1H upward candles are shrinking, and the upper band of Bollinger Bands at 0.4519 acts as short-term resistance.

🎯Direction: Long (pullback on orders)

⚡Entry/Order: 0.4180 (recommended entry range 0.3938 - 0.4235)

🛑Stop loss: 0.3751

🚀Target 1: 0.4311

🚀Target 2: 0.4498

🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss to entry price. If the price retraces to the entry level, exit automatically to protect capital.

Order book logic: Negative fee rate combined with stable open interest, short positions have high costs, and short-term short squeeze momentum exists. But order book data shows sell orders stacking up; avoid chasing high on orders, wait for a retracement near 0.4180 for a more secure entry. Although the current risk-reward ratio is relatively small, based on the oscillating convergence structure, breaking through 0.4311 could open space up to 0.45.

Check real-time market 👇 $JTO
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