Yello, Paradisers! Is #JTOUSDT ready for a massive move above or not? Let's discuss the latest analysis of #Jito and see what's happening:
💎#JTO is navigating a pivotal juncture as it consolidates near a critical resistance zone. Over the past months, the price has broken out of a descending trendline that previously acted as strong resistance, now flipping into support. This shift marks a crucial moment in #JTO’s price structure, with the next move likely to define its trajectory.
💎The immediate resistance to monitor is $3.98. A decisive break and daily close above this level would pave the way for a potential bullish rally. If buyers manage to sustain momentum, the price could climb toward the major resistance zone between $6.50 and $7.00. Such a move would likely attract significant buying interest and signal a potential trend reversal.
💎On the downside, key support levels are sitting at $3.17 and $2.90, with a robust demand zone established around $2.60. As long as the price holds above this demand zone, the bullish structure remains intact. A bounce from these levels would offer bulls another opportunity to regain control and attempt a breakout.
💎However, if the price breaks below the $2.60 demand zone, it would invalidate the bullish outlook and increase the likelihood of further downside toward the $1.90–$2.00 region. This bearish scenario would create opportunities for short sellers while potentially shaking out weak hands before any future recovery.
Stay focused, patient, and disciplined, Paradisers🥂
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Ngoài ra, trên:
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.