#JTOUSDT Forming Bullish WaveJTO / TetherUSBINANCE:JTOUSDTCryptoAnalystSignal#JTO The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 0.4300, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.4856 Target 1: 0.4960 Target 2: 0.5113 Target 3: 0.5273 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions, please leave a comment. Thank you.