JTO Coin technical analysis - 8-hour chart 📊



I also check opinions on forums and comment platforms to follow the next move, but my observation is this: The price is currently moving around 0.34, but we should pay attention to the lower resistance zones. If it breaks below 0.2750, we could see a decline down to 0.2538 — this could be a good opportunity to go long, with targets between 0.2655 and 0.2750.

From the short side: Rejection at 0.2750 or closes below 0.2655 concern me. In that case, there is a risk of falling to the 0.2295 target. Stop loss should always be placed below the previous swing low — this is very important to protect against manipulation.

To regain bullish momentum, we need to see strong bullish candles; otherwise, short positions seem more reasonable. If it holds above 0.2750 and starts moving upward, then a target of 0.3200 may not be just a dream. Discussions on JTO coin comments and analysis also support this level. For now, I expect range trading between 0.2538 and 0.2750.
JTO-2.63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin