⚠️ $JTO is sitting right in the middle of a range that could decide the next move
JTO is trading around $0.42 after recently rejecting the $0.46 area. The bigger range I’m watching is $0.3943 to $0.4859, with $0.4397 sitting around the middle.
There’s another reason I’m paying attention today.
Around 8.4M JTO worth roughly $3.4M is scheduled to unlock, equal to about 1.12% of the circulating supply. That doesn’t mean all of it will be sold, but it can add extra supply into an already sensitive area.
If $0.4397 acts as resistance again, I’ll be watching $0.3943 as the next major range level.
But if buyers reclaim $0.4397 and hold above it, the unlock pressure may get absorbed instead.
For me, this is less about predicting a dump and more about watching how price reacts to the new supply 👀
#JTO🔥🔥🔥 #jto #BinanceSquareFamily #TradingwithCoinQuest
JTO is trading around $0.42 after recently rejecting the $0.46 area. The bigger range I’m watching is $0.3943 to $0.4859, with $0.4397 sitting around the middle.
There’s another reason I’m paying attention today.
Around 8.4M JTO worth roughly $3.4M is scheduled to unlock, equal to about 1.12% of the circulating supply. That doesn’t mean all of it will be sold, but it can add extra supply into an already sensitive area.
If $0.4397 acts as resistance again, I’ll be watching $0.3943 as the next major range level.
But if buyers reclaim $0.4397 and hold above it, the unlock pressure may get absorbed instead.
For me, this is less about predicting a dump and more about watching how price reacts to the new supply 👀
#JTO🔥🔥🔥 #jto #BinanceSquareFamily #TradingwithCoinQuest
