$JTO JTO Today's Market Analysis:
The market clearly shows a bearish trend at the current 1-hour, 2-hour and 4-hour levels.
Today, we need to pay close attention to the price around 2.7503. Once the market falls below this price, the bearish trend at the 4-hour level will be further consolidated.
For the bearish trend, the potential support reference prices below are around 2.6694, 2.6393 and 2.6044.
If the market shows signs of rebound, the primary price points above are around 2.7900, 2.8328 and 2.9074. If the rebound fails to effectively break through any of the above prices, the market is expected to continue to maintain a bearish trend.
Therefore, short-term traders are advised to remain highly vigilant, keep a close eye on the market, and flexibly adjust their operating strategies to cope with market changes.
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