$JST has strengthened more than 30% in a Day in the Last 24 Hours 📈

Currently, $JST is trading around $0.04194, surging +31.27% in the last 24 hours. This surge pushed the price to touch a daily high of $0.04400 before a slight correction.

Technically, a massive breakout occurred after $JST successfully broke through the combination of resistance EMA-21 and EMA-99 on the 1H timeframe. Trading volume also surged, confirming the strength of this breakout.

However, it should be noted that the RSI(6) is currently at an extreme level of 96.82, indicating a heavy overbought condition. With this position, the risk of a short-term pullback is very open, although the short-term bullish momentum remains dominant.

Disclaimer: Not Promotion & Not Financial Advice