$JST Update: Consolidating Above Support—Ready for a Leg Up?
($JST) is currently showing a steady recovery on the 1H chart, trading at 0.05865. The price is holding well above the green SuperTrend support line at 0.05682, while the RSI (6) sits at a healthy 57.63, suggesting there is plenty of room for upward movement before hitting overbought conditions.
🎯 Trade Setup
EP (Entry): 0.05780 – 0.05870
TP (Targets)
TP1: 0.06000
TP2: 0.06250
TP3: 0.06500
SL (Stop Loss): 0.05580
💡 Technical Summary
The chart indicates a solid structural floor established around the 0.05546 mark, with the recent flip of the SuperTrend indicating a shift in momentum. A decisive break and hold above the local resistance at 0.06000 would likely trigger a push toward higher liquidity zones.
Do you think ($JST) can break through the 0.060 resistance today, or will we see more sideways consolidation?
Watching this level closely.
#jst #just #defi #TechnicalAnalysis #BinanceSquare
