$JTO is currently facing significant bearish pressure, trading near $0.3242 after hitting an all-time low of $0.3037.
Despite a modest intraday rebound, technical indicators remain weak, with the 14-day RSI in oversold territory at 28.34 and the price well below the 200-day SMA of $1.17.
Investors are closely watching for a potential recovery as Jito integrates with Solana’s new STKESOL liquid staking infrastructure.
