Jito breaks above this key level – Is 4.6 USD next for JTO?

Jito (JTO) has surmounted the $2.90 key resistance level and indicates a bullish trend following a breakout from a falling wedge. With trading volume rising by 76.01% and Open Interest increasing by 6.46%, renewed interest among traders is evident, setting the stage for further price movements.

As of February 14, 2025, JTO traded at 3.02 USD, reflecting a 14.4% increase. Analysts believe that if the bullish momentum sustains, JTO could target key resistance near 4.6 USD in the following weeks, positioning it for continued growth.

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