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Will Jito (JTO) Maintain Its 8% Surge and Reach $3 Soon?

  • Jito (JTO) has surged over 8.38% in the last 24 hours, trading at $2 with a daily volume increase of 147%.
  • Jito is currently eyeing the $2.16 resistance level with potential for a golden cross and a rally towards $2.25, but risks a drop to $2.01 or even $1.90 in a bearish scenario.
  • Technical analysis indicates a bearish trend for Jito, with some signs of recovery such as the MACD above the signal line and positive CMF suggesting strong buying pressure.
  • With the RSI at 57.50 indicating mild bullish momentum and BBP showing moderate bullish dominance, Jito's price movement outlook remains dynamic.

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