Jito $JTO could find support at the bottom of the channel at $0.234.
This level will determine a rebound or breakdown. https://t.co/bGBO9Yrje0
Jito $JTO could find support at the bottom of the channel at $0.234.
This level will determine a rebound or breakdown. https://t.co/bGBO9Yrje0
I guess $JTO won't die before retesting this zone. https://t.co/7r7yvSMv93
$JTO 📊⚔️🔺
🎯 SOL pair reclaim of 0.0034 still the key. Gets that and 45 cents opens up. Fails it and 24.83 cents comes back.
Last update: POC on the SOL pair was the level to watch. Since then the POC has shifted slightly from 0.0031 to 0.0032, a minor but meaningful sign of accumulation building beneath the price.
On the USDT pair, the chart has recovered above the 50 SMA and is holding. RSI trendline has broken to the upside and price is now attempting to break the structure trendline as well.
The SOL pair is still the deciding factor:
• Reclaims 0.0034 value area high → 30.7 cents gives way, 45 cents becomes the target
• Fails to reclaim 0.0034 → 30.7 cents is a rejection zone, 24.83 cents comes back into play
USDT pair is building the case. SOL pair needs to confirm it.
#BTC #ETH #ALTCOINS #TRADING #JTO #MARKETUPDATE #CRYPTO #SOL
$JTO 📊⚠️🔺
🎯 SOL pair reclaim of 0.0034 is the trigger. Without it, the USDT pair move stays limited.
JTO is a Solana-native MEV and liquid staking protocol, so the natural pair to track strength against is SOL, not BTC, though you can track it against BTC as well if the aim is to see the overall health of it.
On the USDT pair, the RSI trendline is close to breaking upward, which looks promising on the surface. But the SOL pair tells a more cautious story. The bounce from POC is there, but it's thin, no divergence, no clear momentum behind it.
The level that changes everything is 0.0034 on the SOL pair which is VAH for that profile. If that gets reclaimed and holds, strength translates directly into the USDT pair. If it doesn't, the USDT pair move stays shallow and corrective.
#Jito Foundation acquired and relaunched SolanaFloor two days ago, signaling active ecosystem investment at a time when the chart is sitting at a key decision level.
SOL pair confirms. USDT pair follows.
#BTC #ETH #ALTCOINS #TRAD