$JTO /USDT — Bearish Setup Forming
Current Price: $2.28
24h Change: +8.28%
24h Volume: 3.54M JTO / 8.00M USDT
Range: $2.077 – $2.365
Short Entry Zone: $2.27 – $2.36
$JTO is struggling to break above the $2.365 resistance, forming lower highs while volume declines — signaling a potential short-term top.
Targets:
TP1: $2.19
TP2: $2.08
TP3 (Final): $2.00
Stop-Loss: Above $2.39
Technical Insight:
Price action is weakening below a key resistance level. Momentum is fading on lower timeframes, and bearish divergence is emerging. A drop below $2.25 could accelerate downside momentum.
Pro Tip:
Best short opportunities lie between $2.33–$2.36 with controlled risk. Watch for a move toward $2.00 support.
Trade the move on $JTO
