Hereâs a detailed technical breakdown and short-term analysis for JTO/USDT Perpetual
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$JTO /USDT Overview
Last Price: $2.0883
Mark Price: $2.0880
24h Change: -3.89% đ»
24h High / Low: $2.4903 / $2.0874
24h Vol (JTO): 63.61M
24h Vol (USDT): $146.14M
Recent Volume (15m): 67,343
MA(5): 218,771
MA(10): 276,717
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đ Key Price Levels
Type Price Notes
Support $2.0874 Local low; fragile support
$2.0744 Next downside support
$2.00 Psychological round number
Resistance $2.1316 Near-term bounce level
$2.1887 MA zone resistance
$2.3030 Mid-range recovery cap
$2.4903 Daily high; breakout target
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đ Trend & Momentum
Indicator Status Implication
Trend: Bearish Price broke down to daily low
Price Action: Testing support Slight wick under daily low
MAs: MA(5) < MA(10) Bearish crossover
Volume: Medium-High Still active; not extreme yet
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đ Key Observations
Price has touched the daily low ($2.0874) and is struggling to rebound â suggesting lack of buyer strength.
Failure to hold this area could lead to a flush toward $2.00 or $1.95 zone.
MA pressure is overhead, and resistance sits densely between $2.13 â $2.30.
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đ§ Trade Scenarios
đ„ Bearish Breakdown (Likely if $2.0874 breaks cleanly)
Trigger: Sustained close below $2.085
Targets: $2.05 â $2.00 â $1.95
Stop Loss (for shorts): $2.135
Confirmation: High sell volume + BTC weakness
đ© Bullish Rebound (Low probability short-term)
Trigger: Reclaim of $2.19 with strength
Targets: $2.30 â $2.48
Stop Loss (for longs): $2.07
Needs: Momentum shift + broader market support
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đĄ Summary
Sentiment: Bearish bias
Price Position: At or just above key support
Recommendation:
Avoid long entries unless $2.19 is reclaimed.
Possible scalp short if $2.085 fails â tight stop at $2.13.
Watch overall market (esp. BTC) for correlation.
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