JUPUSDT has broken the trendline with an ideal Head and Shoulders pattern, showing a significant upward movement.
Additionally, the trading volume has surged considerably, suggesting the potential for further upward momentum.
However, entering a chase buy at the current level isn't favorable in terms of risk-reward ratio. Instead, I plan to set up a retest buy at the neckline key level, where it intersects with the trendline.
The stop-loss will be slightly below the key level, and the target will be set at the high point where the short-term trend began. If the price approaches the lower level, I will share a more precise buying setup through another idea.