Coin: $JTOUSDT Timeframe: 4h Observation: After a successful launch, we have went sideways and managed to reach new all time highs after that, forming an uptrend, meanwhile on the second attempt we have failed. We broke from below of the trend, it's either a liquidity grab, or an actual breakout. If we hold from below, JTO will go down further.
The price action of $INJ is holding at its horizontal support level, marked between $22.735 and $22.378.
We can anticipate a bounce back from this zone, potentially leading to further upward price movement. $ However, the price action has shown a candle imbalance below this level, which should be monitored for potential volatility.