Technical Analysis for $JST

/USDT:

Current Price: $0.04454

Trend: Bullish momentum as indicated by a +9.87% gain over the past 24 hours.

Support Level: $0.04015

Resistance Level: $0.04482 (24h High)

Trade Signal:

Entry Point: Buy near $0.04400 (considering support above $0.04000 for confirmation of upward momentum).

Target Levels:

Target 1: $0.04550 (next resistance)

Target 2: $0.04700 (psychological level and potential breakout)

Target 3: $0.04900 (target if bullish momentum continues and market conditions remain favorable)

Trade Momentum:

The price is showing a strong upward momentum, with high buying activity near current levels. Volume and price trends support a positive outlook.

Note: Watch out for retracement near the support level of $0.04000. Ensure stop-loss is set appropriately below that level to mitigate risk.

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