$JTO Short sellers have bounced back! A short position worth $26,000 was liquidated at $2.18 after JTO's stock rose from $1.79 to over $2.18, representing a strong gain of +11.26% 📈 This sudden rise pressured short positions and quickly flipped sentiment.
What’s next?
The momentum is clear with the bulls. If the $2.20 level is broken, the next resistance level is between $2.35 and $2.40. But if it doesn't hold above $2.05, a brief cooling period may follow before another move.
Strong trading volume over 4 hours ✅
Breakout structure ✅
Increasing buzz in decentralized finance ✅
Watch this chart - JTO's stock is moving quickly. Stay alert. 👀