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$JTO is currently trading at $0.2749, sitting just below the middle Bollinger Band at 0.2768. The market structure indicates lower highs, and the recent bounce from the 0.2691 support has been weak, signaling that buyers are not stepping in strongly.
The overall trend remains bearish unless
$JTO can reclaim the 0.2800 level, which would be an early indication of strength returning. Traders should exercise caution and stick to a disciplined risk strategy.
Key Levels & Trade Plan
Short Entry: 0.2760 – 0.2790Stop Loss: 0.2830Take Profit: 0.2690
A break below 0.2690 could open the path for further downside, potentially testing lower support zones. Momentum indicators are still leaning bearish, and until a higher high is established, sellers retain control.
💡 Pro Tip: Watch how JTO reacts around the 0.2690 level. A strong rejection could create a short-term bounce, but without reclaiming 0.2800, bulls remain on the back foot.
Stay alert, manage risk, and plan entries carefully.
JTO
#CryptoTrading #BearishTrend #PriceAction #TradeSetup