The post JTO Bearish Analysis Jan 24 appeared on BitcoinEthereumNews.com.

JTO, stuck around the 0.33 dollar level, is testing critical support zones under daily downtrend pressure. While RSI at the 32 level gives oversold signals, Bitcoin’s bearish supertrend creates additional burden on altcoins – this is a turning point that investors should watch with bated breath. Market Outlook and Current Situation JTO’s current market position gives a clear downtrend signal with a 1.49% drop over the last 24 hours, retreating to 0.33 dollars. Trading in a narrow range of 0.32-0.34 on daily charts, the token shows modest activity with 11.03 million dollars in volume. This contraction indicates that buyers have not yet entered and sellers remain dominant. In a broader context, JTO staying below its EMA20 (0.38 dollars) reinforces short-term bearish momentum, while the Supertrend indicator pointing to 0.42 dollar resistance poses a significant barrier to upward movement. In recent weeks, JTO has followed a path parallel to the weak performance of the overall altcoin market. Multi-timeframe (MTF) analysis identified a total of 10 strong levels across 1D, 3D, and 1W charts: 2 supports and 3 resistances on 1D, 2 supports on 3D, and balanced 2 each on 1W. This confluence increases the risk of price slipping toward the 0.30 band, while low volume limits volatility. For investors, the JTO Spot Analysis page is an ideal resource to track these dynamics with detailed charts. With calm news flow across the market, it creates an environment where technical factors take center stage. While JTO’s ecosystem developments are awaited, the current downtrend suggests liquidity hunters may focus on lower levels. In this context, holding near 0.3230 offers hope for short-term consolidation, but the overall outlook requires caution. Technical Analysis: Key Levels to Watch Support Zones Support zones stand out as the most critical defense lines in JTO’s downtrend. The strongest support is…

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Filed under: News - @ January 24, 2026 9:28 am