$JTO has broken above the psychological $2.00 resistance, surging nearly 12% to trade around $2.008 with notable buying pressure. The move follows a recovery from $1.783, establishing $2.00 as a key breakout level on the 4-hour chart. Sustained consolidation above this zone would confirm bullish control, with upside targets at $2.10, $2.25, and potentially $2.40 if volume accelerates. Momentum indicators are shifting positively, supporting further gains. Conversely, a failure to hold $2.00 could trigger a retest of $1.95, and deeper weakness may revisit $1.85 support. Overall, the trend remains favorable while price action stays above $2.00.
