$JTO /USDT – Oversold Bounce or Further Breakdown? Watch This Level Closely!
Momentum Analysis:
$JTO has dropped -8.38%, currently trading at $1.727, after hitting a 24h low of $1.708. This marks a sharp pullback from its recent high of $1.951. Heavy sell volume suggests strong bearish pressure, but key support levels may trigger a short-term bounce.
Long Setup (Risk-Managed):
Entry Zone: $1.68 – $1.73
Targets:
T1: $1.82
T2: $1.95
T3: $2.13
Stop Loss: $1.63
Breakout Confirmation Level: $1.95
Key Support: $1.65 (watch for bounce signals or double bottom pattern)
Pro Tip for Traders:
Look for bullish divergence or a reversal candlestick pattern on the 4H chart near $1.65. Break above $1.95 with volume = momentum shift confirmed.
Price: $1.727
% Change: -8.38%
24h High / Low: $1.951 / $1.708
24h Vol (JTO): 4.38M
24h Vol (USDT): 7.98M
Order Book Depth (Sell): 2.855 | 2.800 | 2.614
Order Book Depth (Buy): 2.374 | 2.134 | 1.894
Last Updated: 2025-04-01 05:00 UTC