Technical analysis by GoldsteinTheProfiletrader about Symbol JTO: Buy recommendation (5/28/2025)

JTO is building value above the pmProfile. That´s bullish and not bearish, because people are accepting the price above the profile. This "building value" tells us that the price is preparing for another leg to the upside -> We have to find out main targets above the current range. There are some untapped levels like the pwPOC and pwVAH above 2.300. They are in confluence with the bullish sequence target zone. That´s why I am planning to sell off at the upper pwPOC. What´s the invalidation? When do we need to exit the trade? Only if JTO starts to build a lot of value below the pmVAH and even pmPOC. That´s something we would need to observe during many 4 hr candles. It isn´t likely to happen. Especially because we can see long-liquidations (b-pattern) based on the pwProfile. The market is too short to substantially go lower. This information combined with the value that is building above the pmProfile, will lead to higher prices. We have bought JTO multiple times in the past days and sold off at pwVAHs. It made sense because price likes to came back to the good entry zone multiple times, for example because market makers are forcing long liquidations first. (b-pattern).