ito (JTO) Technical Forecast – May 31, 2025

Jito (JTO) is trading at $1.66, down 2.35% in 24 hours. Based on technical indicators across daily, weekly, and monthly timeframes, JTO is showing signs of short-term weakness but long-term potential.

🔍 Key Indicators

Daily RSI (14): ~33.6 — nearing oversold territory.

Bollinger Bands: Price is at the lower band (~$1.66), indicating potential for reversal.

Sentiment: 15 sell, 2 buy, 8 neutral signals — strong bearish bias on the daily chart.

🕒 Timeframe Insights

Daily Support: $1.62 | Resistance: $1.72–$2.00

Weekly Support: $1.55 | Resistance: $1.88

Monthly Support: $1.32 | Resistance: $2.13

RSI declining weekly; monthly shows neutrality with mild bullish prospects.

🔮 Price Predictions

Short-Term (10 Days): Range-bound between $1.62–$1.88.

Mid-Term (June): Could drop to ~$1.31 before recovery.

2025 Outlook: Likely to range from $1.65 to $2.13 depending on broader market sentiment.

⚠️ Summary

JTO is technically oversold and nearing key support zones. While daily trends are bearish, long-term indicators suggest potential upside recovery. Best used for cautious swing entries or accumulation strategies.

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