$JTO Market Structure
Strong 1H bullish expansion
Price trading well above EMA 50 and EMA 200 showing aggressive upside momentum
MACD positive with histogram slightly contracting signaling slowing impulse
RSI elevated but not extreme leaving room for one more push before cooling
Likely parabolic advance transitioning into short consolidation
Structure resembles early bull flag formation after vertical leg
Holding above 0.3000 keeps higher low structure intact
Break below 0.2850 weakens short-term trend
Appears to be major breakout from accumulation base
Daily strength confirmed if candle closes above 0.3300
Failure to hold above 0.2850 would shift bias back to range
High and Bottom
Local High: 0.3523
Impulse Base: 0.2601
Support and Resistance
Immediate Resistance: 0.3523
Psychological Resistance: 0.4000
Immediate Support: 0.3175
Secondary Support: 0.2990 – 0.3100
Major Support: 0.2850
Invalidation Level: 0.2850
Breakout Entry
Condition: 1H close above 0.3525
Entry Zone: 0.3525+
Take Profit
TP1: 0.3950
TP2: 0.4200
Stop Loss: 0.2850
Pullback Entry
Condition: Bullish reaction inside 0.2990 – 0.3100
Entry Zone: 0.2990 – 0.3100
Take Profit
TP1: 0.3500
TP2: 0.3950
Stop Loss: 0.2850
