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$JTO | 1h | Bearish Rejection / Mean Reversion Short
Bias: Short
Entry Zone: 0.5000 to 0.5030
Stop Loss: 0.5118
Targets:
TP1: 0.4910
TP2: 0.4840
TP3: 0.4760
Invalidation:
Close above 0.5120
Why This Setup:
I’m seeing a failed push above the recent mid-range resistance near 0.50, with momentum fading after the sharp impulse move. I want a retrace lower into the lower range as price keeps rejecting the same overhead supply zone.
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