⚡ $JTO /USDT — 4H chart
Current price: $2.125
Change in 24 hours: +3.76%
Structure: Bullish engulfing candle breaks short-term resistance
🔍 Key indicators:
MA 7: $1.999 — Clear recovery and movement above
MA 25: $2.005 — Bullish cross completed
MA 99: $1.862 — Far below, showing potential for growth
📊 Technical signals:
A strong green candle has just restored the MA 7 and 25 range, indicating a resumption of momentum.
Volume likely supports this movement (volume confirmation is ideal).
The first real test ahead is in the $2.18–$2.22 zone, which previously acted as a rejection level.
🎯 Price levels to watch:
Immediate support: $2.00
Resistance ahead: $2.18 → $2.22
Breakout target (if held): range $2.38–2.50
🧠 Sentiment:
JTO is preparing for a potential trend reversal after a period of correction and consolidation. This green candle may attract traders for a breakout if it holds above $2.10.
📌 In a nutshell:
JTO shows strength. A breakout above $2.18 could trigger a sharp move to $2.50. Keep the stop-loss in a tight range.
⚠️ DYOR – Do your own research.