Jito Finance (JTO)

Currently, it is trading at a discount of 47.69% from its all-time high level of $5.28. Since the all-time high formation, the bullish failure to end the lower-high trend formation led to a resistance trendline.

The recent reversal from the $1.86 mark has resulted in a breakout rally, reaching the 50% Fibonacci level at $3.15. However, the DeFi token now retests the 38.20% Fibonacci level and the 200-day SMA line with a quick reversal.

As the 50-day and 100-day SMA line give a positive crossover, the chances of a post-retest reversal for JTO token have significantly increased. Considering the trend-based Fibonacci levels, a new all-time high in JTO finance will find the price target at $7.00 and $10.20. These price targets are derived from the 1.272 and 1.618 Fibonacci levels.

What is Pendle’s key resistance level?

The 78.6% Fibonacci level at $5.4498 is a critical resistance, with a breakout potentially leading to new highs.

What are the price targets for JTO?

Fibonacci targets suggest JTO could reach $7.00 (1.272 level) and $10.20 (1.618 level) after a post-retest rally.

What are the key technical levels for Jupiter (JUP)?

The $1.00 psychological mark (50% Fibonacci) acts as support, while resistance lies at $1.20 (61.8% Fibonacci level).$JTO