【Look down】
JST is currently reported at 0.1120, down 3.51% over the past 24 hours, and still down 3.54% over the past 7 days. The intraday range is 0.1117–0.1177, with a volatility of 5.4%.
【Market overview】
During the day, JST moved steadily lower within 0.1117–0.1177, and the rebound was lackluster with low volume.
The price is trading right along 0.1117. If this level is lost, it will likely accelerate downward.
Putting it next to BTC’s +0.18%, JST’s performance is clearly weaker.
In the short term, the bias is bearish.
【Bearish reasons】
Catching up “trend stocks” that lag the most is the most painful. JST’s 7-day drop of 3.54% hasn’t flushed out fully yet.
With the price trading right around 0.1117, the shift between bulls and bears is clearly skewed toward the sellers.
If there’s a sudden increase in volume near 0.1117, it indicates capital is starting to bottom-pick—then don’t stay in a fight.
For the short term, first watch whether 0.1117 can hold. If it breaks, don’t rush to catch the falling knife.
$JST #JST