$JTO /USDT: Seed Looks Uncertain, Bearish Pressure Mounts 🐻
Overview:
The JTO/USDT pair is currently experiencing a bearish trend, with the price declining by 10.03% in the last 24 hours. The MACD indicator is signaling a strong bearish momentum, suggesting that the downtrend may continue in the near future.
Trade Scenarios:
* Short Position:
* Entry: $3.45 - $3.47
* Take Profit (TP): $3.30 - $3.25
* Stop Loss (SL): $3.55 - $3.60
Market Outlook:
The overall sentiment for JTO remains bearish, with the potential for further downside as long as the current bearish momentum remains intact. Traders should monitor the price action and key technical levels for potential entry and exit points.
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