💰 Current Price: 0.4367 (-9.49%) 📈 Trend: Bearish trend continues | 31 K-lines have been formed 🎯 Tracking Line: 0.4363 (Dynamic Stop Loss Reference) Key Levels: Support 0.3997 / 0.3819 / 0.3677 Resistance 0.4672 / 0.4755 / 0.4976
Strategy: The price is approaching the descending trend line ❗️ If it cannot break through and stabilize above 0.4363 with volume, the main approach remains to follow the trend and short. Aggressive traders may attempt a small position reversal at this level, but be sure to set a stop loss.
Risk: Beware of false breakout traps! The current price is within the average range of the trend line, and the direction is imminent. If the breakout fails, it may retest the previous low of 0.4235.
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📊 JTO 1h Technical Overview
💰 Current Price: 0.4367 (-9.49%)
📈 Trend: Bearish trend continues | 31 K-lines have been formed
🎯 Tracking Line: 0.4363 (Dynamic Stop Loss Reference)
Key Levels:
Support 0.3997 / 0.3819 / 0.3677
Resistance 0.4672 / 0.4755 / 0.4976
Strategy: The price is approaching the descending trend line ❗️ If it cannot break through and stabilize above 0.4363 with volume, the main approach remains to follow the trend and short. Aggressive traders may attempt a small position reversal at this level, but be sure to set a stop loss.
Risk: Beware of false breakout traps! The current price is within the average range of the trend line, and the direction is imminent. If the breakout fails, it may retest the previous low of 0.4235.