JTO

JTO recently fell below its ascending channel but found support at $1.6 and rebounded, currently trading at $1.7 at the time of writing. This breakout also aligns with the completion of the pattern's target price (blue line). In the short term, the price may enter a corrective phase and is likely to test the resistance zone.

Investors can consider entering a long position around $1.95 to $2, which corresponds to the Fibonacci 0.5 to 0.382 levels and is also a high-volume trading zone. Take-profit levels can be set in batches at $1.6, $1.5, $1.4, and $1.33. A stop-loss can be placed above the previous high of $2.11. 

Reference Levels:

Direction: Short

Entry: $1.95

Take-Profit: $1.6 / $1.5 / $1.4 / $1.33

Stop-Loss: $2.12 (8.72%)

SUI

SUI recently broke above its ascending channel but faced resistance at $4.44, pulling back before finding support and rebounding near $3.266, slightly below the Fibonacci 0.5 level. After the rebound, it has formed two bullish candles on the daily chart, suggesting the price may continue its prior upward trend.

Currently trading at $3.55, investors can enter a long position at the market price or place a buy order at $3.5. Take-profit levels can be set at $4.44, $5, and $5.33. A stop-loss can be placed below the rebound level of $3.266. 

Reference Levels: 

Direction: Long 

Entry: $3.55 (Market) / $3.5 

Take-Profit: $4.44 / $5 / $5.33 

Stop-Loss: $3.265 (6.71%) / $3.26 (6.86%)

ZEC

ZEC recently broke below a triangle pattern but found support at $34.58 and rebounded, with the price gradually rising and forming two bullish candles. It may test the resistance zone between $40 and $43.

If the price successfully rises, investors can consider entering a short position. The entry range is between $40 and $42.3, corresponding to the Fibonacci 0.618 to 0.382 levels. Take-profit levels can be set in batches at $33, $32, and $28.5. A stop-loss can be placed above the midpoint of the large trading range (purple dashed line) at $44, or at $43.5 for more conservative investors. 

Reference Levels: 

Direction: Short 

Entry: $40 - $42.3 

Take-Profit: $33 / $32 / $28.5 

Stop-Loss: $43.6 (3.07%) / $44.6 (5.44%)

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.