8-hour technical outlook for JTO coin: the price is currently moving around 0.35, and whether it can hold above this level seems very important to me. Most people on the forum also say this range will break.

As far as I see, if the price breaks down strongly, levels around 0.32 could be a good entry point. Opening a long position here seems reasonable; a stop-loss should be placed below the previous swing low. I am expecting targets between 0.38 and 0.40. Of course, other traders commenting also point to similar levels.

Conversely, if we see a strong upward move with momentum and volume above 0.35, then a bullish trend could start, potentially reaching 0.42 or even 0.45. For a short position, I expect a close below 0.33; the target would be 0.28.

As I follow forum discussions about JTO coin, I think this range trading will continue. It’s important to carefully watch the shape and volume of the candles. When we see strong bullish candles, opening longs is the most logical approach; when we see rejection candles, opening shorts makes sense.