Market Overview for JSTUSDT: 2025-08-26

• JSTUSDT declined sharply after 20:00 ET, breaking below 0.0360 and consolidating near 0.0347 by 08:00 ET.
• A bearish engulfing pattern formed at 0.0361–0.0356, signaling potential continued downward pressure.
• Volume spiked near 0.0356 and 0.0347, confirming key distribution levels.
• RSI moved into oversold territory after 04:00 ET, hinting at possible short-term bounce.
• Bollinger Bands widened after 20:00 ET, showing increased volatility and trend formation.

Price and Volume Action

JUST/USDT (JSTUSDT) opened at 0.03629 on 2025-08-25 at 12:00 ET and reached a high of 0.03673 before declining to a low of 0.03356 by 05:30 ET on 2025-08-26. The pair closed at 0.03418 at 12:00 ET, down 5.5% from the previous day. Total volume for the 24-hour period was 76,353,020.09999998, with turnover amounting to 2,727,164.39999997 USD. A notable bearish engulfing candle formed between 0.0361 and 0.0356, suggesting sellers may have taken control following a key resistance breakdown.

Technical Structure and Patterns

The 15-minute chart shows a clear breakdown from the 0.0361–0.0364 consolidation range after 20:00 ET, with key support levels forming at 0.0356, 0.0348, and 0.0341. The candlestick pattern between 0.0361–0.0356 is a bearish engulfing formation, often a precursor to further decline. A small doji formed at 0.03418, indicating indecision near this level and hinting at possible short-term reversal or consolidation.

Moving Averages and Momentum

On the 15-minute chart, the price closed below the 20-period and 50-period moving averages, confirming bearish momentum. The 50-period MA at ~0.0345 and the 20-period MA at ~0.0349 provide potential dynamic support and resistance. The daily chart shows the price below the 50-period MA (~0.0357), 100-period MA (~0.0360), and 200-period MA (~0.0362), reinforcing the bearish bias.

The MACD histogram has turned negative and remained below the signal line, confirming declining momentum. RSI has fallen to 27 at 07:00 ET, entering oversold territory, which may invite short-covering or a bounce, though not necessarily a trend reversal.

Bollinger Bands and Volatility

Bollinger Bands expanded significantly between 20:00 and 01:00 ET, with the price often trading near the lower band, indicating bearish pressure. The narrowing of the bands after 06:00 ET suggests a potential consolidation phase. The price has since tested the lower band multiple times, and further expansion could signal renewed bearish energy or a pullback into the mid-band.

Volume and Turnover Divergences

Volume spiked at key distribution points: 0.0356 (volume ~7.4M), 0.0348 (volume ~10.3M), and 0.03418 (volume ~17.8M), suggesting strong selling interest. Turnover also rose sharply at these levels, confirming the bearish breakdown. However, the volume at the current consolidation level near 0.03418 has declined, which may suggest a temporary pause in selling pressure and potential for a short-term rebound.

Fibonacci Retracements and Reversal Levels

Fibonacci retracement levels for the recent bearish swing (0.03673 to 0.03418) show the 38.2% level at ~0.0355 and the 61.8% level at ~0.0349. The price has bounced off the 61.8% retracement multiple times, indicating its strength as a potential support. On the daily chart, the 50% retracement level of the broader move lies near 0.0350, aligning with key support from volume and price action.

In the next 24 hours, JSTUSDT could test 0.0341–0.0345 as a possible near-term support zone, with the RSI in oversold territory offering a potential for a pullback. However, a sustained break below 0.0341 with rising volume may signal a deeper correction toward 0.0335. Investors should remain cautious of renewed bearish momentum and monitor volume behavior for confirmation of further direction.