JTOUSDT Will the Bulls Hold the Line and Continue Bullish Move?
Yello, Paradisers! Could #JTOUSDT be on the verge of another big move, or are we headed for a major support test? Let’s dive in.
💎#JTO is showing bullish potential after successfully breaking out of the descending resistance. The price is now testing the support trendline, which needs to hold for the upward momentum to continue. If we see a rebound here, the next target will be the minor resistance at 2.9. However, a breakout above this zone is essential for further upward movement, potentially reaching our major resistance area.
💎On the flip side, if JTO fails to rebound from the support trendline and breaks down, we could be looking at a fakeout. If this happens, there’s a high probability the price will revisit the major support area between 1.9 and 1.67. Historically, JTO has rebounded multiple times from this zone, and there’s potential for it to do the same again if revisited.
💎The bullish scenario would be invalidated if JTO’s daily candle closes below the 1.67 level. This was the previous low, and a break below it could lead to a new lower low, signaling deeper downside ahead.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
💎#JTO is showing bullish potential after successfully breaking out of the descending resistance. The price is now testing the support trendline, which needs to hold for the upward momentum to continue. If we see a rebound here, the next target will be the minor resistance at 2.9. However, a breakout above this zone is essential for further upward movement, potentially reaching our major resistance area.
💎On the flip side, if JTO fails to rebound from the support trendline and breaks down, we could be looking at a fakeout. If this happens, there’s a high probability the price will revisit the major support area between 1.9 and 1.67. Historically, JTO has rebounded multiple times from this zone, and there’s potential for it to do the same again if revisited.
💎The bullish scenario would be invalidated if JTO’s daily candle closes below the 1.67 level. This was the previous low, and a break below it could lead to a new lower low, signaling deeper downside ahead.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
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