🔥$JTO Chart Breakdown – What’s Going On?
1️⃣ Strong Demand Zone Hold:
Price has bounced multiple times from the $2.00 area, showing strong buyer interest.
2️⃣ Falling Wedge Breakout:
JTO broke out of a falling wedge pattern — a classic bullish reversal signal.
3️⃣ Perfect Retest ✅:
After the breakout, price came back to retest the breakout zone and held it cleanly — confirming strength.
4️⃣ Key Resistance = $2.404:
This is the critical level to watch. It acted as resistance before — if price breaks above it now, momentum could explode.
5️⃣ Targets:
🎯 Short-Term: $2.60
🎯 Mid-Term: $4.28+ if momentum continues.
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🧠 Quick Take:
JTO is showing a bullish structure, clean breakout, perfect retest, and building volume. A break above $2.404 could trigger a strong rally.