$JTO reclaims $0.55 this week or I’m wrong. 📉
At $0.5022 after a brutal 14.21% day, I’m not calling a bottom.
RSI is 33.
4h is down 13%, but volume is only 0.9x the 20d average. Looks more like chop than capitulation. If $JTO tags $0.50, I’d wait for a reclaim, not chase. $SOL strength won’t matter if this loses support. Longs are still paying funding. Weird spot. 👀
What level are you watching on JTO?
#JTO #Crypto
At $0.5022 after a brutal 14.21% day, I’m not calling a bottom.
RSI is 33.
4h is down 13%, but volume is only 0.9x the 20d average. Looks more like chop than capitulation. If $JTO tags $0.50, I’d wait for a reclaim, not chase. $SOL strength won’t matter if this loses support. Longs are still paying funding. Weird spot. 👀
What level are you watching on JTO?
#JTO #Crypto