Market Outlook — $JTO 1h Price Action Preview
The $JTO 1h chart reflects a bearish market structure trading below recent equilibrium but just above key lows. The outlook favors continued downside pressure unless key resistance is decisively broken.
Price faces immediate support near 1.030, with a critical resistance zone around 1.083 to 1.108 likely to cap upside attempts. A break below 1.019 could trigger a sharper decline toward 0.985, while any strong bullish reversal signals near support may allow short-term long scalps targeting the lower resistance range. Overall, caution remains warranted as bearish momentum dominates until price clears resistance convincingly. This note is abridged. The full analysis with TP/SL/entry levels and advanced setups is inside the Finora Telegram bot.
⚠️ This is an AI analysis and not financial advice.
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