Technical Analysis on JTO/USDT | Binance 🚀
Current Price: $3.19 (+17.57% in the last 24 hours)
24h High: $3.222 | 24h Low: $2.607
Overview: JTO/USDT has shown impressive momentum recently, climbing over 17% in the past 24 hours. With the price currently at $3.19, the market is looking bullish, but it’s important to watch key levels for possible breakout or reversal points.
Here’s a detailed breakdown of the key levels and potential price targets to watch for in the coming hours:
Support Level:
SAR (Stop and Reverse): 2.885
This indicates a strong support level. Any price dips towards this level could potentially find buying pressure, so watch for a bounce if the price moves lower.
Resistance Levels:
1. First Target 🎯: $3.22 (24h High)
The price has recently touched $3.22, making it a short-term resistance. If the bulls push past this level, the next target will become crucial.
2. Second Target 🎯: $3.25
A key psychological resistance point and a slight extension beyond the recent high. A breakout here could signal further bullish momentum.
3. Third Target 🎯: $3.50
If the upward trend continues, we may see a retest of $3.50 as the next major resistance. This would require a strong continuation of the current bullish trend.
Market Depth and Volume:
Buy Orders: Found at $3.027 and lower, suggesting potential support from market participants.
Sell Orders: Found at $3.253, with increased resistance as we approach that level.
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