Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover?
- Jito (JTO) shows potential accumulation, but $1.53 support is crucial for stability.
- TRUMP faces volatile swings, with $7.25 as strong support and $7.77 resistance.
- Toncoin (TON) struggles near $3.10 resistance, with weak momentum and low volume.
A sharp turn lower for several trending altcoins – Jito (JTO), TRUMP, Toncoin (TON), and Corite (CO) – has hit the market lately. The sudden drop across these tokens has left investors weighing whether it’s time to buy the dip or exit before prices fall further. While market-wide unease prevails, some indicators hint at potential accumulation on certain assets, while others show growing downside risks.
Jito (JTO) Attempts a Bounce After Steep Decline
Jito took a blow, falling 4.28% in 24 hours, now trading around $1.60. It opened the day near $1.67 and briefly peaked before sliding into a steady decline. A daily low of $1.53 acted as a safety net, attracting buyers and slowing the drop.
The $1.53 support level remains critical. A firm hold above this price suggests buyer confidence. Immediate resistance, however, appears at $1.65 and the previous high near $1.6738, potentially lim…
The post Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover? appeared first on Coin Edition.
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Chart Analysis: SUI Eyes Reversal, ICP Remains Pressured Below $5
Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover?
- Jito (JTO) shows potential accumulation, but $1.53 support is crucial for stability.
- TRUMP faces volatile swings, with $7.25 as strong support and $7.77 resistance.
- Toncoin (TON) struggles near $3.10 resistance, with weak momentum and low volume.
A sharp turn lower for several trending altcoins – Jito (JTO), TRUMP, Toncoin (TON), and Corite (CO) – has hit the market lately. The sudden drop across these tokens has left investors weighing whether it’s time to buy the dip or exit before prices fall further. While market-wide unease prevails, some indicators hint at potential accumulation on certain assets, while others show growing downside risks.
Jito (JTO) Attempts a Bounce After Steep Decline
Jito took a blow, falling 4.28% in 24 hours, now trading around $1.60. It opened the day near $1.67 and briefly peaked before sliding into a steady decline. A daily low of $1.53 acted as a safety net, attracting buyers and slowing the drop.
The $1.53 support level remains critical. A firm hold above this price suggests buyer confidence. Immediate resistance, however, appears at $1.65 and the previous high near $1.6738, potentially lim…
The post Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover? appeared first on Coin Edition.
Read More