BOOOOOOOOOOOOOOOOOOOMMMMM
#JTOš„š„š„ again Hits $4 ā
$JTO /USDT ā Breakout or Fakeoutā
$JTO /USDT is currently trading at 3.442 after a sharp spike, reaching a high of 4.000. The price has shown significant volatility, with buyers attempting to regain control after a brief retracement.
Key Levels to Watch:
Resistance: 3.775 ā A breakout could push the price towards 4.000 and beyond.
Support: 3.191 ā A dip below this level may trigger a correction towards 2.899.
Trade Setup:
Long Entry: Above 3.775, targeting 4.000 and 4.067 with a stop loss at 3.191.
Short Entry: Below 3.191, targeting 2.899 and 2.674 with a stop loss at 3.775.
Market Outlook:
The increasing volume suggests strong buyer interest, but traders should remain cautious. If the breakout fails, a pullback to support levels could provide better opportunities.