$JTO pulled back after a sharp move into the $0.50 liquidity zone, and I’m seeing this as a normal correction after expansion, not weakness. Price ran hard, took liquidity at the highs, and now it’s retracing into a clean demand area where buyers stepped in before.
I’m watching the 1H structure and the selling pressure is slowing down near previous support. This zone already proved itself during the last impulse, and that’s why I’m interested here instead of chasing higher levels.
Entry Point
I’m planning my entry between $0.385 – $0.405. This is the demand zone and post-rally base. I want