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Jito (JTO) Price Surges 20%, Is the $3 Mark on Horizon? 

  • Jito (JTO) price surged by 20% in the last 24 hours, reaching $2.29 amidst strong bullish momentum.
  • The coin has shown a positive technical recovery trend, surpassing key resistance levels.
  • Jito managed to break a falling trendline with heavy volume, indicating a potential shift from bearish to bullish market sentiment.
  • Currently, JTO is attempting to surpass the 200-day EMA at $2.2547, a crucial level.
  • Technical indicators like MACD and RSI suggest bullish momentum, with potential for further upside.
  • A close above the 200-day EMA could push Jito towards the $2.70-$3.00 resistance area.
  • Risk control is emphasized, with support at $1.91 and a bearish scenario below $1.54.
  • Jito (JTO) presents a strong case for an uptrend if market conditions remain favorable.

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