🚨 $JTO /USDT – Bearish Breakdown in Progress!
Momentum Analysis:
$JTO is facing sustained downside pressure, dropping -11.81% to $2.099, with price nearing the critical support zone. A potential rebound may form near the $1.85–$1.99 range, but selling volume remains dominant for now.
📊 Trading Data
Current Price: $2.099
24h Change: -11.81%
24h High / Low: $2.429 / $2.084
24h Volume (JTO): 3.90M
24h Volume (USDT): 8.68M
Category: DeFi
Last Depth Levels:
Resistance: 2.518 / 2.387 / 2.256
Support: 2.124 / 2.099 / 1.993
Key Historical Lows: $1.862 (June 24), $2.099 (June 29)
🟢 Long Setup (Bounce Reversal Play)
Entry Zone: $1.93 – $2.05
Targets:
🎯 T1: $2.22
🎯 T2: $2.38
🎯 T3: $2.52
Stop Loss: $1.84 (below key support)
🔄 Breakout Confirmation & Support
Breakout Confirmation: Flip of $2.38 with volume
Key Support: $1.99, $1.85
Failure below $1.85 may trigger retest of deeper supports.
💡 Pro Tip for Traders:
Watch BTC dominance and DeFi sentiment—JTO tends to rebound sharply after oversold dips. Look for volume divergence or bullish RSI divergence on the 4h chart before entering aggressively.