【$JTOUSDT】Long and Short Battle Intensifies

$JTO On the 4-hour level, price has surged to the upper Bollinger Band, RSI approaching 70, with buying momentum beginning to weaken. During normal intraday fluctuation period, hourly MACD histogram contracting, upside momentum slowing. Order book shows sell orders accumulating significantly above 0.3432, depth imbalance -15.9%, selling pressure is heavy overhead. Open interest stable but funding rate -0.61%, shorts paying high fees, risk of short squeeze exists. Price has moved significantly away from EMA20 at 0.3051, short-term deviation rate is large.

Bulls' defense broken, short directly at current price. Can try shorting around 0.3430, stop loss placed above 0.3536 high. First target at 0.3090 support level, second target at 0.2960. Risk-reward ratio 4:1, worth the trade. Risk reduction stop loss, zero-risk trade.

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