🙈 $JTO $JTO $JTO

#JTO/USDT 

Long 🟢 

Cross 20x

2.34-2.28

Targets:

1) 🎯 2.41

2) 🎯 2.47

3) 🎯 2.55

4) 🎯 2.65

5) 🎯 …🙉

🚨Stop Loss: 2.20 ✅use 1-2%of your portfolio

Important Points:$JTO

1. Current Price: JTO is trading at $2.374, up 12.30%, showing a bullish trend for the day.

2. Moving Average:

MA(7): 2.369 (yellow line, short term)

MA(25): 2.379 (magenta line, medium term)

MA(99): 2.347 (blue line, long term)

The price is currently near the MA(99), indicating that the market is testing support at this level. Short-term and medium-term moving averages are close to each other, suggesting potential consolidation.

3. 24 Hour Limit:

More: $2.497

Low: $2.114

The price is relatively close to the 24-hour high, indicating that it is trading at the upper end of the range, which could indicate bullish momentum.

4. Volume:

24h Volume (JTO): 13.91M

24h Volume (USDT): 32.91M

Increased volume during the recent price rally indicates strong buying pressure.

Explanation:

Trend: The chart shows a short-term bullish trend based on the price moving above the MA(99) and the recent rise in price.

Resistance and Support:

Resistance is likely near $2.45 (recent high).

Support is around $2.33 (recent low).

Recommendations:

Bullish signal: If the price holds above $2.33 and breaks the resistance around $2.45, further upside may be possible.

Bearish signal: A break below $2.33 could be bearish, testing the lows.

It would be wise to monitor the next moves based on volume and whether the price sustains above the moving average for confirmation.