๐ $JST /USDT โ Risk of Breakdown from the Channel ๐จ
๐น Current Price: $0.04375 (-0.30%)
๐น 24H High: $0.04643 | 24H Low: $0.04242
๐ Market Insight:
JST is trading near the lower boundary of its rising channel on the 4H chart. A break below $0.04300 could signal bearish continuation, targeting support around $0.04000.
Key Levels to Watch:
Support: $0.04300 ๐
Breakdown Target: $0.04000 โ $0.03800 ๐จ
Resistance: $0.04600 ๐
๐ฅ Whatโs Next?
A breakdown below support could lead to further downside pressure. Bulls need to defend the channel's lower boundary to regain momentum.
โ ๏ธ Traders' Tip: Watch for volume confirmation on a breakdown or reversal. Manage risk with stop-losses below support.
