JTO Price Neutral Between Demand & Supply: Smart Money Accumulation Phase 📊

JTO is trading in neutral territory — neither strong bullish nor bearish conviction yet. What matters right now is the demand zone anchored at 0.6966–0.7372. This level has structural importance, and the absence of a tested supply zone above suggests buyers haven't yet exhausted their control.

In SMC framework, neutral setups like this often precede directional breakouts. The demand zone acts as a pivot: if price rejects here multiple times without breakdown, accumulation is likely happening. Conversely, if support erodes cleanly, short-term directional bias flips bearish.

Key observations:

Demand Zone Integrity — 0.6966–0.7372 is your pivot. Watch whether price tests this zone 2–3 times with improving rejection quality (lower wicks, higher closes). That signals smart money stacking.

Supply Vacuum — No defined supply zone yet. This asymmetry matters. Buyers control the narrative until supply prints and holds rejection. Once that happens, your bias structure clarifies.

Volume & Liquidity — Neutral bias demands precision on volume. Accumulation shows up as declining volume on dips into demand, then expansion on rejection. Liquidation shows the opposite — aggressive volume into demand with no reversal confidence.

Rejection Quality — Count the rejection touches at demand. First test could be hesitant. Third or fourth test usually shows improvement — tighter wicks, stronger closes. That's the real entry signal, not the first bounce.