💎 Paradisers, prepare for a potential trading opportunity with JSTUSDT. Our analysis indicates a near breakout from its descending channel, suggesting a bullish move might be on the horizon.
💎 JST has been following a descending channel for a while, but it now appears poised for a breakout. A successful move above the channel could lead to breaking through the resistance level at .03551, opening the path towards stronger resistance levels.
💎 Presently, JST is trading in a demand zone, maintaining strong momentum above the EMA 100. However, if the price fails to maintain its upward momentum and breaks below this demand zone, we might see a shift towards bullish continuation from the support level. A break below this support could lead to a significant downward movement.