📈 JTO/USDT 4H Trend Analysis:
Current Price: $2.134
24h Change: +9.55%
Timeframe: 4-hour (4H)
Indicators Used: RSI, MACD
🔍 Trend Overview:
✅ Short-Term Bullish Momentum
Price has bounced from a local low near $1.89 and is now approaching resistance at $2.17–$2.20.
Strong green candles show a sharp bullish recovery after a previous dip.
📊 Technical Indicators:
1. RSI (Relative Strength Index):
Current: 74.56 (Overbought zone >70)
🔸 Suggests strong buying pressure, but caution: nearing overbought levels — possible short-term pullback ahead.
2. MACD (Moving Average Convergence Divergence):
MACD line has crossed above signal line.
🔸 This is a bullish crossover, indicating possible continuation of upward momentum.
📌 Key Levels to Watch:
Resistance:
🔺 $2.17 – $2.20 (near previous structure resistance)
🔺 Major resistance: $2.41 (last local high)
Support:
🔻 $2.03 – $2.00
🔻 Strong support at