$JST /USDT: Recovery at $0.04478 (+5.12%) – Consolidating After Reaching $0.04849

Just ($JST) is trading at $0.04478, up +5.12%, after rebounding from its daily low of $0.04234. The token reached a high of $0.04849 but has since retraced slightly as it consolidates.

Key Levels to Watch:

Resistance: $0.04849 – A breakout above this level could reignite the bullish trend, targeting $0.05000.

Support: $0.04400 – Holding above this level is critical to maintain the current uptrend.

Market Observations:

JST has seen strong buying activity, pushing the price from $0.04015 to its recent high of $0.04849.

Current consolidation indicates profit-taking, with bullish sentiment still evident.

Potential Scenarios:

Bullish Continuation: Breaking $0.04849 could drive JST to test $0.05000 and potentially $0.05100.

Bearish Pullback: A dip below $0.04400 may lead to further consolidation near $0.04250.

Traders should monitor volume and price action near key levels. Will JST resume its rally, or is consolidation likely to extend?

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