$JTO JTO Maintains Bearish Continuation Amidst Selling Pressure
Jito (JTO) is exhibiting a clear bearish continuation pattern, characterized by a sustained series of lower highs and lower lows that confirms persistent selling pressure is dominating its price action. The asset has broken below and struggled to reclaim previous support levels, which now act as new resistance, reinforcing the negative momentum and establishing a defined downtrend channel. For the Solana-based liquidity staking token, this suggests a phase of distribution and waning bullish sentiment following its earlier run. The trend remains valid until JTO can stage a decisive, high-volume breakout above a key declining resistance trendline, which would be necessary to signal a potential exhaustion of the downtrend and a shift in market structure.$PIPPIN $POWER
