$JTO Market Update
Current Price: $2.235 (+2.66%)
24H High: $2.261
24H Low: $2.154
Market Insights:
Volatility remains high, with price moving between $2.154 and $2.261 in the last 24 hours.
Resistance at $2.261, which has been tested but not yet broken.
Support at $2.155, showing buyers stepping in at lower levels.
Volume spike indicates renewed interest, possibly a breakout attempt.
Trade Strategy:
Breakout Entry: If price breaks above $2.261, next targets could be $2.30 - $2.35.
Pullback Buy: If it retests $2.155 - $2.173, it could be a good long opportunity.
Stop Loss: Below $2.150, in case of a breakdown.
Market Sentiment:
MACD activity is increasing, suggesting momentum is building.
Bullish scenario confirmed if volume remains high and price stays above $2.220.
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