Here’s the technical breakdown for $JTO
/USDT Perpetual Contract:
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🟡 Market Overview
Last Price: $2.1083
Mark Price: $2.1062
24h Change: -10.72% 🔻
24h High: $2.4276
24h Low: $2.0812
24h Volume:
JTO: 40.24M
USDT: $90.16M
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📊 Moving Averages
MA(5): 1,104,029
MA(10): 1,162,875
→ Fairly stable volume, but no significant momentum divergence.
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📉 Depth / Price Zones
Price Zone Type
$2.4276 – $2.5108 Major resistance (24h high) 🔼
$2.2407 – $2.3308 Mid-range supply zone
$2.1061 – $2.1507 Current trading range 🟠
$2.0812 – $2.0607 Immediate support 🔽
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📈 Trend Analysis
Short-Term Trend: 🔴 Bearish
Momentum: Weak; trading at or near daily low
Structure: Price rejected strongly from the upper range, forming a likely lower high
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🧠 Scenarios
🟩 Recovery Setup
Entry: Above $2.18
Target: $2.24 – $2.33
Stop Loss: $2.08
🟥 Breakdown Setup
Entry: Below $2.08
Target: $2.02 – $1.95
Stop Loss: $2.14
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⚖️ Outlook Summary
Price is trading very close to support, but momentum suggests weakness.
Bias: Bearish unless it reclaims $2.18–$2.24 with volume.
If support fails, expect sell pressure acceleration below $2.08.
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Would you like a support/resistance chart, a signal screener, or combined analysis with correlated coins like SOL or SUI?
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